LEGISLATIVE FISCAL ESTIMATE TO


SENATE, No. 43


STATE OF NEW JERSEY


DATED: April 1, 1996


 

      Senate Bill No. 43 of 1996 requires the Commissioner of Health (DOH), in conjunction with other State agencies and the Health Information Electronic Data Interchange Policy Council (council), to present an annual report to the Governor and the Legislature on Statewide health care expenditures based upon a survey of healthcare facilities and providers, health insurers, business and organized labor. Detailed financial information about administrative cost savings achieved by acute care hospitals as a result of increased utilization of electronic data interchange technology is also to be included in the report.

      DOH and the Office of Management and Budget have not provided any fiscal information on the legislation.

      As DOH is allocated 2.5% of the monies generated by the Electronic Data Interchange Technology Development Fund (fund) sufficient funds should be available to DOH to conduct the annual survey. Also much of the information on Statewide health care expenditures is already compiled by various sources and the federal government publishes periodic estimates of health care expenditures on a State level in Health Care Financing Review.

 

This fiscal estimate has been prepared pursuant to P.L.1980, c.67.