| TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
| FROM: | Ursula Parks, Director, Legislative Budget Board |
| IN RE: | SB365 by Carona (Relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.), Committee Report 2nd House, Substituted |
The bill would amend the Insurance Code by adding a new subchapter relating to expedited credentialing for certain podiatrists and therapeutic optometrists providing services under a managed care plan.
Based on information provided by the Texas Department of Insurance (TDI), it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources. Also, based on information provided by TDI, this analysis assumes that implementation of the bill would result in a one-time revenue gain ($24,000 in fiscal year 2014) in General Revenue-Dedicated Texas Department of Insurance Fund 36 from filing fees. Since General Revenue-Dedicated Texas Department of Insurance Fund 36 is a self-leveling account, this analysis also assumes that any additional revenue resulting from the implementation of the bill would accumulate in account fund balances and that the department would adjust the assessment of the maintenance tax or other fees accordingly in the following year.
Based on the analysis provided by the Board of Podiatric Medical Examiners and the Optometry Board, it is assumed that any costs associated with the implementation of this bill would be absorbed within existing agency resources.
| Source Agencies: | 454 Department of Insurance, 514 Optometry Board, 512 Board of Podiatric Medical Examiners
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| LBB Staff: | UP, AG, ER, LXH, MW
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