OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 ↓ (860) 240-0200

http: //www.cga.ct.gov/ofa

sSB-11

AN ACT CONCERNING THE RATE APPROVAL PROCESS FOR CERTAIN HEALTH INSURANCE POLICIES.

AMENDMENT

LCO No.: 8040

File Copy No.: 203

Senate Calendar No.: 157

OFA Fiscal Note

State Impact:

Municipal Impact: None

Explanation

The amendment requires hospitals and outpatient surgical centers to establish a program of reduced charges for self pay patients. The amendment also makes further stipulations concerning notice of health costs and the ability to recoup billings. These reduced charges and recoupment provisions may lead to a reduction in self pay patient revenue at the University of Connecticut Health Center. The extent of this reduction will be dependent upon the parameters of the program developed.

The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.