Fiscal Note - SB 0061 - Redefines Eligible Employee in Small Employer Health Insurance Law
L.R. NO. 0168-01
BILL NO. SB 61
SUBJECT: Health Care, Insurance-Medical, Employees-Employers
TYPE: Original
DATE: December 12, 1996
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Insurance (INS) state this proposal would
not fiscally impact their agency. If more than one such proposal is approved
INS may need to request an increase in appropriations due to the combined
effect of multiple proposals.
FISCAL IMPACT - State Government FY 1998 FY 1999 FY 2000
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Local Government FY 1998 FY 1999 FY 2000
(10 Mo.)
$0 $0 $0
FISCAL IMPACT - Small Business
This proposal could affect availability of health insurance to small
businesses by increasing slightly the number of businesses meeting the
criteria for a small employer.
DESCRIPTION
This proposal redefines small employer and adds a person's spouse if also
employed by the same small employer.
This legislation is not federally mandated, would not duplicate any other
program and would not require additional capital improvements or rental
space.
SOURCES OF INFORMATION
Department of Insurance
This Fiscal Note is not an official copy and should not be quoted or cited.