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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 6, 2021
TO:
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB571 by Gates (Relating to the establishment of a bundled-pricing program to reduce certain health care costs in the state employees group benefits program.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to the establishment of a bundled-pricing program to reduce certain health care costs in the state employees group benefits program. Based on information provided by the Texas Department of Insurance and Employees Retirement System, this analysis assumes that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
327 Employees Retirement System, 454 Department of Insurance