Colorado Legislative Council Staff
NO FISCAL IMPACT
March 13, 1998
Will Meyer (866-4976)
TITLE: CONCERNING INDEPENDENT REVIEW FOR THE DENIAL OF BENEFITS UNDER A HEALTH INSURANCE PLAN.
Summary of Assessment
The provisions of this bill would require health insurers regulated by the Division of Insurance, Department of Regulatory Agencies, to provide an independent external review process and to notify the covered person of the availability of the process. The covered person would be responsible for the first $50 of the cost of the review. The bill would become effective January 1, 1999.
The increase in workload to implement the provisions of the bill would be borne by the health insurance carriers. It is expected that the number of cases that would use this process would be relatively small. It is the intent of the sponsor that the $50 cost of the review would not be a cost of the Medicaid program.
The provisions of the bill would not have a fiscal impact on any agency of the state, or unit of local government. Therefore, this bill is assessed as having no fiscal impact.
Regulatory Agencies Personnel Health Care Policy and Financing