Fiscal Note

HB0111 - Small Group Health Insurance - Statewide Risk Adjustment

State Impact:
Enactment of this bill will require an on-going General Fund appropriation of $13,000 for FY 2011 and FY 2012 for additional staff support from the Department of Insurance to the Utah Statewide Risk Adjuster Board.

Funding SourceFY 2010
Approp.
FY 2011
Approp.
FY 2012
Approp.
FY 2010
Revenue
FY 2011
Revenue
FY 2012
Revenue
General Fund$0$13,000$13,000$0$0$0
   Total
$0

$13,000

$13,000

$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. Business and Individuals may be impacted due to the proposed change in statute.

2/10/2010, 10:46:06 AM, Lead Analyst: Schoenfeld, J.D./Attny: CJDOffice of the Legislative Fiscal Analyst