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Fiscal Note

HB0140 - Health Claims Processing and Health Claims Auditing Act

State Impact:
No significant fiscal impact.
Individual and Business Impact:
Provisions of this bill could have a fiscal impact on service providers, insurers, third party administrators, and individuals. Certain provisions could result in a small increase in costs for service providers through time and reporting requirements and increased penalities. Payers of health claims may recover inappropriate payments which could reduce costs. Payments may be expedited. The net effect could be a reduction in premiums potentially up to 1/2 percent.

Office of the Legislative Fiscal Analyst
2/13/2001 1:35:31 PM

Last Revised: 30 August, 2000

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