Fiscal Note

HB0009 - Health Care Cost and Quality Data

State Impact:
Enactment of this bill will not require additional appropriations due to the "as funding is available" language in the legislation. If the Department of Health were to implement the provisions of this bill, it is estimated that it would require $304,000 General Fund to match approximately $435,000 Federal Funds. Revenue from data user contributions of approximately $500,000 may also be collected and used to supplement the funding of this program.

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments, businesses or individuals. If funding becomes available and the provisions of this bill are implemented, the cost to major health insurance payers or self-funded purchasers could range between $200,000 to $600,000 for the first year with ongoing costs between $100,000 and $200,000 annually. Users of the health data could reap significant savings. These savings cannot be quantified at this time.