Interstate purchase of health insurance.

13LSO-0436.L1

                                                         

FISCAL NOTE

 

The fiscal impact, in the form of a revenue decrease, is indeterminable.

 

This bill allows residents to purchase lower premium health insurance for use in Wyoming.  The Department of Insurance expects that a small decrease in premium taxes may result.  However, this decrease cannot be determined because it is unknown how many such policies may be sold.  Also unknown is the premium difference between current policies to possible new policies.   

 

There will be a minimal expenditure increase ($80.00) to the Department of Insurance due to the promulgation and publication of rules regarding network adequacy. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepared by:   Kelley Shepp, LSO     Phone: 307-777-7881

(Information provided by:  James Mitchell, Department of Insurance

Phone: 307-777-7401)