COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1834-01
Bill No.: SB 545
Subject: Insurance - Medical; Health Care
Type: Original
Date: March 4, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials from the Missouri Consolidated Health Care Plan state this proposal will have no fiscal impact on their organization.
Officials from the Office of Administration - Division of Accounting assume the proposal will have no fiscal impact on their organization. The proposal reduces the time required for political subdivisions to notify the State Health Care Plan on the intent to withdraw from the plan.
| FISCAL IMPACT - State Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
Under this proposal, a participating member agency may withdraw from the Missouri Consolidated Health Care Plan after the Missouri Consolidated Health Care Plan Board has received a certification from the agency's governing body at least 30 days prior to end of the current plan year (decreased from 90 days). This proposal clarifies the termination date of public entities for non-payment. Under current law, if a participating member agency fails to make a payment, the board may terminate the agency's participation in the plan. This proposal holds that the effective date of the termination shall be the end of the month following the action of the board. Termination of coverage shall not relieve the participating member agency of its obligation to pay all monies due prior to the date of termination.
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
Office of Administration -
Division of Accounting
Missouri Consolidated Health Care Plan
Mickey Wilson, CPA
Director
March 4, 2003