Supplement: TX HB755 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB755 please see the Bill Drafting List
Bill Title: Relating to prior authorization for prescription drug benefits related to the treatment of autoimmune diseases and certain blood disorders.
Status: 2023-06-12 - Effective on 9/1/23 [HB755 Detail]
Download: Texas-2023-HB755-Fiscal_Note_Introduced_.html
Bill Title: Relating to prior authorization for prescription drug benefits related to the treatment of autoimmune diseases and certain blood disorders.
Status: 2023-06-12 - Effective on 9/1/23 [HB755 Detail]
Download: Texas-2023-HB755-Fiscal_Note_Introduced_.html
| TO: |
Honorable Tom Oliverson, Chair, House Committee on Insurance |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
HB755 by Johnson, Julie (Relating to prior authorization for prescription drug benefits related to the treatment of chronic and autoimmune diseases.), As Introduced |
No significant fiscal implication to the State is anticipated.
Based on information provided by The Texas University System and the Texas A&M System, implementation of the bill could impact medical plans resulting in a significant costs to institutional funds. Institutional Funds are not appropriated in the General Appropriations Act, and therefore not a cost to the State.
Based on information provided by The Texas University System and the Texas A&M System, implementation of the bill could impact medical plans resulting in a significant costs to institutional funds. Institutional Funds are not appropriated in the General Appropriations Act, and therefore not a cost to the State.
The bill would amend the Insurance Code to prohibit a health benefit plan from requiring an enrollee to obtain more than one prior authorization annually of the prescription drug benefit for a prescription drug prescribed to treat a chronic or autoimmune disease. It is assumed any costs associated with the bill would be implemented within existing resources.
Based on information provided by The Texas University System and the Texas A&M System, implementation of the bill could impact medical plans resulting in a significant costs to institutional funds. Institutional Funds are not appropriated in the General Appropriations Act, and therefore not a cost to the State.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
| Source Agencies: | 323 Teacher Retirement System, 327 Employees Retirement System, 454 Department of Insurance, 529 Health and Human Services Commission, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration |
| LBB Staff: | JMc, AAL, JSM, GO, JPO |
