Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
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F I S C A L I M P A C T R E P O R T
SPONSOR Rodriguez
ORIGINAL DATE
LAST UPDATED
01/26/07
02/15/07 HB
SHORT TITLE Insurance Coverage for Child Hearing Aids
SB 529/aSPAC
ANALYST Hanika Ortiz
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)
FY07
FY08
FY09 3 Year
Total Cost
Recurring
or Non-Rec
Fund
Affected
Total
($.01)
(Parenthesis ( ) Indicate Expenditure Decreases
)
Duplicates HB 85
SOURCES OF INFORMATION
LFC Files
Responses Received From
Health Policy Commission (HPC)
Department of Health (DOH)
Public Regulation Commission (PRC)
SUMMARY
Synopsis of SPAC Amendment
The Senate Public Affairs Committee Amendment adds language to clarify that a health insurer
has the discretion to determine the provider of hearings aids and related services with which it
contracts.
Synopsis of Original Bill
Senate Bill 529 enacts several new sections to the Insurance Code requiring that hearing aid and
related services are provided for children covered by any individual or group health care
coverage issued or renewed in New Mexico.
FISCAL IMPLICATIONS
The PRC believes the estimated cost of this benefit for insurers vary from less than $1 per year to
as much as $1 per month per child.
HPC reports that requirements vary state by state for hearing aid coverage for children and range
from $400 coverage per hearing aid per ear every 3 years in Rhode Island, to once every 48