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 DUTIES OF THE CONNECTICUT HEALTH INSURANCE EXCHANGE.

AMENDMENT

LCO No.: 3426

File Copy No.: 8

Senate Calendar No.: 44


OFA Fiscal Note

NO FISCAL IMPACT

The amendment does not result in a fiscal impact to the state, municipalities, or the state health exchange, Access Health CT. The amendment requires the exchange to adopt written procedures before negotiating premiums with insurers. In addition, the exchange shall adopt procedures and standards for premiums to ensure the rates are not excessive, inadequate, or unfairly discriminatory.

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.