Fiscal Note - State of Utah - 2011 General Session
SB0294S02 - Patient Access Reform
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will require review by the Insurance Department of 440 health benefit plan insurers at a cost of $19,700 one-time General Fund and $40,000 General Fund Restricted from the Health Insurance Actuarial Review Account. However, it is estimated that the $40,000 can be absorbed within the existing budget. Additionally, there would be a one-time cost of $50,000 to the Governor's Office of Economic Development for programming additional functionalities into the Health Exchange system.
|State Budget Detail Table||FY 2011||FY 2012||FY 2013|
|General Fund, One-Time||$109,700||$0||$0|
|Net Impact, All Funds (Rev.-Exp.)||($109,700)||$0||$0|
|Net Impact, General/Education Funds (Rev.-Exp.)||($109,700)||$0||$0|
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.
|3/10/2011, 8:49:18 PM, Lead Analyst: Lee, P.W./Attny: CJD||Office of the Legislative Fiscal Analyst|