HB800: AN ACT relating to fiscal impact statements.

Legislative Summary

Amend KRS 6.948 to require the commissioner of the Department of Insurance to include in a health mandate fiscal impact statement and state employee health plan impact statement any documentation, studies, written opinions, calculations, and citations in support of his or her findings and conclusions; include in the statement an estimate of any potential future cost savings, including an explanation why the bill would or would not provide future cost savings; require the commissioner to certify that the information in the health mandate fiscal impact statement or state employee health plan impact statement is accurate; require the commissioner of the Department of Insurance to include in a federal cost defrayal fiscal analysis any documentation, studies, written opinions, calculations, and citations in support of his or her findings and conclusions; require certification by the commissioner that the information provided in the cost defrayal fiscal analysis is accurate.