Fiscal Note - State of Utah - 2013 General Session

HB0323 - Health Insurance Prior Authorization

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would cost the Department of Insurance $3,300 one-time from the Insurance Department Restricted Account to implement the provisions of the bill. Spending from the Insurance Department Restricted Account affects annual transfers to the General Fund. Enactment of this bill could also cost the state risk pool an estimated $1,000,000 distributed as follows: $450,000 General Fund, $30,000 Education Fund, $90,000 Transportation Fund, $60,000 General Fund Restricted, $180,000 Federal Funds, $120,000 Dedicated Credits Revenue, and $70,000 Other Funds. Increases to the state risk pool include and FTE for PEHP to implement the provisions of the bill.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue:   
General Fund, One-Time$0($3,300)$0
Restricted Funds$0$3,300$0
   Total Revenue$0$0$0
    
Expenditure:   
General Fund$0$450,000$450,000
General Fund Restricted$0$60,000$60,000
Education Fund$0$30,000$30,000
Transportation Fund$0$90,000$90,000
Federal Funds$0$180,000$180,000
Dedicated Credits$0$120,000$120,000
Restricted Funds$0$3,300$0
Other$0$70,000$70,000
   Total Expenditure$0$1,003,300$1,000,000
    
Net Impact, All Funds (Rev.-Exp.)$0($1,003,300)($1,000,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($483,300)($480,000)

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.

Performance Note Required? (Joint Rule 4-2-404): No

3/1/2013, 2:29:08 PM, Lead Analyst: Wilko, A./Attny: CJDOffice of the Legislative Fiscal Analyst