Fiscal Note
HB0108 - Prosthetic Limb Health Insurance Parity
State Impact:
Enactment of this bill will require an additional appropriation of $500,000 from various funds as shown in the table in order to pay for increased coverage of orthotic or prothesics devices.
Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
General Fund | $0 | $276,000 | $276,000 | $0 | $0 | $0 |
Uniform School Fund | $0 | $21,000 | $21,000 | $0 | $0 | $0 |
Transportation Fund | $0 | $20,000 | $20,000 | $0 | $0 | $0 |
Federal Funds | $0 | $80,000 | $80,000 | $0 | $0 | $0 |
Dedicated Credits | $0 | $43,500 | $43,500 | $0 | $0 | $0 |
Restricted Funds | $0 | $43,500 | $43,500 | $0 | $0 | $0 |
Transfers | $0 | $16,000 | $16,000 | $0 | $0 | $0 |
Total | $0 | $500,000 | $500,000 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Individuals may benefit from this change in statute by requiring coverage of orthotic or prothesics devices to health insurance providers. Businesses may be impacted due to required coverage of orthotic or prothesics devices from individuals.
2/5/2008, 12:42:07 PM, Lead Analyst: Schoenfeld, J.D. | Office of the Legislative Fiscal Analyst |