Health insurance-prescription contraceptives.

03LSO-0302.L3

FISCAL NOTE (HB0227)

This legislation impacts the Employees’ Group Insurance Plan offered by the State. The plan must include coverage mandated by Wyoming insurance laws.

	FY 2004	FY 2005	FY 2006
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue increase:
ENTERPRISE FUND	788,748	836,073	886,237

Source of revenue increase:

Employee contributions through payroll deduction

Assumptions:

Adding coverage for contraceptive drugs and devices will increase plan costs between 0.5 percent and 2 percent of total claims. 1 percent has been used for these estimates.

	FY 2004	FY 2005	FY 2006
NON-ADMINISTRATIVE IMPACT
Anticipated Expenditure Increase:
ENTERPRISE FUND	788,748	836,073	886,237

Source of expenditure increase:

Expanded benefits for contraceptive coverage

Assumptions:

Adding coverage for contraceptive drugs and devices will increase plan costs between 0.5 percent and 2 percent of total claims. 1 percent has been used for these estimates.

Prepared by: Ralph Hayes, Employees Group Ins. Phone: 777-5440