Video & Transcript Research : 'premium costs'

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TX

Texas 89th Regular

Delivery of Government Efficiency Mar 12th, 2025

Delivery of Government Efficiency

WA

Washington 2025-2026 Regular Session

House Appropriations Feb 2nd, 2026 at 04:00 pm

Appropriations

Transcript Highlights:
  • And they're not just the cost of doing business. They are consumer premiums.
  • The total cost could be estimated at $7.2 million NGFO for fiscal year 2027, and a four-year NGFO cost
  • This bill is cost-effective.
  • In addition to those more determinative costs, Commerce would also have some legal services costs for
  • cost avoidance if they cannot.
Summary: The committee first heard House Bill 2073, which would require nonprofit health carriers with surplus above 600% of risk-based capital to pay 3% of the excess to support the Cascade Care Savings premium assistance account. Committee staff said the bill could generate about $80 million in FY 2027, while OIC costs would cover rulemaking and hearings. Supporters argued the bill would redirect excess consumer premium dollars to help people afford coverage, while opponents from nonprofit health plans and business groups said the reserves are needed for claims, market stability, and to weather downturns, and warned the bill could raise costs or destabilize coverage. The bill then moved to public hearing only, with no action taken. The committee also heard Second Substitute House Bill 2132, which limits disclosure and retention of personally identifying and financial information in WASFA applications. Staff explained the bill would exempt WASFA records from public disclosure, restrict sharing except for limited purposes, and shorten retention to one year after the award year, but could create significant purge and systems costs for WSAC and colleges. The sponsor and student advocates said the measure is needed to protect student privacy and encourage aid applications, especially for vulnerable and undocumented students. No opposition was heard, and the bill remained in hearing. House Bill 2403, which reduces the penalty for failure to register as a sex offender, adds community custody and DOC support, and requires a review of registration policies, drew testimony in strong support. Staff said the bill would produce DOC savings and modest one-time costs for court and law-enforcement updates. Testifiers said the measure had broad consensus among criminal justice stakeholders and would better address the practical reasons people fail to register. The committee also heard House Bill 2587, creating a Commerce pilot to provide advance grant funds to eligible nonprofits, and House Bill 2607, which would periodically rebase child care subsidy rate regions; both drew support from nonprofit and child care providers, with staff describing indeterminate or moderate fiscal impacts. In executive session, the committee considered several amendments and then advanced multiple bills. For Second Substitute House Bill 1170 on generative AI disclosures, all proposed amendments were rejected, and the bill passed the committee 18-9. Substitute House Bill 1570, limited by amendment to Western Washington University student employees, also passed. Proposed Third Substitute House Bill 1710, which creates a state preclearance process under the Voting Rights Act for certain jurisdictions with prior voting-rights violations, had one fiscal amendment adopted and then passed. The committee also received amendment briefings on House Bills 1750, 1833, and 1834, but the transcript ends before final action on those measures.
WA

Washington 2025-2026 Regular Session

Senate Labor & Commerce Jan 23rd, 2026 at 08:00 am

Labor & Commerce

Transcript Highlights:
  • Most employers pay premiums to the state fund.
  • in premiums this year, creating a growing imbalance.
  • Benefit costs continue to rise faster than premiums, and the department is routinely drawing on reserve
  • The cost of further treatment pales in comparison to the cost of the disability that ultimately leads
  • But we do have to talk about the cost.
Summary: The committee opened with a public hearing on Senate Bill 6136, which would require L&I to publish actuarial indicated workers’ compensation rates for each risk class and disclose when rate increases are capped below those indicated levels. The sponsor and business groups said the bill would improve transparency about how reserves and investment earnings are used to hold down rates, while L&I said the information is already developed internally and the bill would mainly require publication. The bill drew broad pro testimony from hospitality, retail, business, and construction groups; no one testified in opposition. The committee then moved into executive session on several bills, adopting substitutes and passing multiple measures, including SB 5292, 6014, 5972, 5869, 5874, 6058, 6039, 5944, and 6180, with most sent to Rules and SB 5292 sent to Ways and Means. The committee then held a public hearing on Senate Bill 5847, which would expand injured workers’ access to medical care by allowing treatment outside the medical provider network in certain circumstances, limiting employer steering, requiring faster utilization review, and allowing providers to deviate from L&I treatment guidelines when medically appropriate. Supporters, including labor representatives, injured-worker attorneys, and construction workers, argued the bill would reduce delays, restore individualized medical decision-making, and better reflect the Murray decision. L&I said it supports reducing delays but warned the bill would make major, untested changes to the medical provider network and treatment-guideline system. Business and self-insured employer groups opposed the bill, saying the current guidelines preserve balance, and raising concerns about vague language, penalties, and the 15-mile provider rule. The sponsor said the bill was intended to improve access and medical independence, and public testimony was then closed. Finally, the committee heard Senate Bill 6067, which would change workers’ compensation time-loss benefits so the employer-paid health insurance portion is covered at 100% rather than the current 60% to 75% level. The sponsor and labor witnesses said injured workers should not lose health coverage because of a workplace injury and argued the bill would help families maintain care and encourage kept-on-salary or light-duty options. Opponents from self-insured employers, NFIB, and retail groups said the bill does not guarantee the added benefit will actually be used for health insurance, could be diverted to attorney fees, and would significantly increase costs and rate pressure. L&I said the bill would require IT changes and estimated substantial ongoing benefit costs, while the sponsor and supporters said the policy would better protect injured workers’ health and financial stability. The chair closed public testimony after the final panel and ended the session.
LA

Louisiana 2026 Regular Session

Appropriations May 11th, 2026

Appropriations

Transcript Highlights:
  • This is what it may cost. Sure. This is what we have. This is what it may cost. Yeah.
  • And why isn’t that a cost to them? Isn’t it a cost to them? And who’s going to absorb that cost?
  • So they had a cost associated with it. So they had a cost associated with it.
  • And what would that cost be? Those are per diem costs. Yeah, what's the total?
  • It's going to be too cost of.
OK

Oklahoma 2026 Regular Session

Business and Insurance 2ND REVISED Apr 16th, 2026 at 09:30 am

Business and Insurance

Transcript Highlights:
  • What we have right now, your premium smokeless tobacco products are taxed at a higher rate than the cheaper
  • choice, and they had to go through the FDA to get certification, but it's long and tedious, which costs
  • More premium product and buying the cheaper products that's tax less.
  • I think I showed in my explanation that these premium products are trying to do things right and have
  • They're forced to put this cost on the existing goods.
OK

Oklahoma 2026 Regular Session

Business and Insurance 2ND REVISED Apr 16th, 2026

Business and Insurance

Transcript Highlights:
  • Well, that costs more money. That added to the price of that product.
  • bill, but I'd like to visit with them more because I think I showed in my explanation that these premium
  • Because when you're taxing on a percentage of cost and you have an inflationary event that happens, that
  • 60% on a can of smokeless tobacco in 1992 is less than a 60% on the cost of a can of smokeless tobacco
  • They're forced to put this cost onto the existing goods, and you're going to pay for it when you use
Summary: The Business and Insurance Committee considered a long agenda of bills and executive nominations. Among the bills, it advanced measures to update fire extinguisher industry age restrictions and application rules (HB 381), create a five-day cancellation right for homeowners after severe storm-related contracts (HB 3790), require a biennial workers’ compensation medical fee schedule update (HJR 1023), create the Oklahoma Home Services Act to standardize home service contract disclosures (HB 4139, amended to correct a wording error), cap surcharge fees and add a career tech exemption (HB 3041), create the Oklahoma Tolling and Recovery Board (HB 3297), allow expired electrical contractor licenses to be reinstated without re-examination (HB 3673), clarify who is not a security guard for licensing purposes (HB 4105), create a licensing framework for in-ground pool contractors effective November 1, 2027 (HB 3338), and streamline surplus lines insurance procedures and premium tax enforcement (HB 3048). One bill on smokeless tobacco taxation (HB 3983) drew extended debate over whether a weight-based tax would be fairer and revenue-neutral; after questions about health impacts, reporting, fraud concerns, and inflation, the bill failed to receive a second and was left in committee. HB 3041 also drew significant debate over whether it would effectively allow higher credit card surcharges, but it ultimately passed 5-4. The committee also heard numerous executive nominations, all of which were approved and sent to the full Senate. Those included Michael Stop and Michael Bauer to the Oklahoma State Athletic Commission, Michael Cantrell and Burrell Sears to the Oklahoma Abstractors Board, Richard Willoughby to the State Board of Licensure for Professional Engineers and Land Surveyors, E. Keith Mitchell and Andrew Revelis to the ABLE Commission, Jackie Ward to the alarm, locksmith, and fire sprinkler industry board, Terence Shreve to the Used Motor Vehicle Dismantler and Manufacturer Board, and Adra Berry as Cabinet Secretary of Licensing and Regulation. Nominees generally described their professional backgrounds and commitment to public safety, regulation, or industry expertise, and several senators spoke in support of their service. Most nominations passed unanimously or near-unanimously.
HI

Hawaii 2026 Regular Session

CPC Public Hearing - Tue Feb 24, 2026 @ 2:00 PM HST

Consumer Protection & Commerce

Transcript Highlights:
  • Those 1,250 hours can cost more country.
  • Insurers shall of premium increase.
  • </c> reasonably explain changes in premium reasonably explain changes in premium upon<00:51:17.200><c
  • </c> years I've been a broker, those costs years I've been a broker, those costs have<00:53:34.079><c
  • Also, another issue is the cost.
Summary: The committee heard testimony on HB 1697, which would exempt natural hair braiders from licensing requirements under certain conditions. The DCCA Board of Barbering and Cosmetology said it recognizes braiding as within the scope of cosmetology practice but warned that a broad exemption could create consumer protection gaps, especially around sanitation training, tool use, and enforcement. Supporters from the Institute for Justice and the Grassroots Institute of Hawaii argued the current licensing regime is overly burdensome and unrelated to braiding, citing the 1,250-hour training requirement, high tuition costs, barriers for low-income entrepreneurs, and the fact that many other states already exempt braiders. Committee members asked whether a standalone sanitation course or similar training could address the board’s concerns, and the board said it would bring that idea back for discussion. The committee also noted 16 written testimonies in support and 2 in opposition. The committee then took up HB 1678, relating to condominium and planned community association elections using cumulative voting. Supporters, including the Hawaii State Association of Parliamentarians, said the bill would clarify that cumulative voting applies to all candidates, including write-ins, and would help resolve confusion in association elections. One testifier urged the committee to remove proxy voting, calling it an abuse of power in some associations, while another asked whether cumulative voting and proxies could be manipulated to stack votes. In response, the parliamentarian explained that cumulative voting and proxy voting are different, that proxies simply allow someone to vote on another’s behalf, and that existing deadlines and counting procedures reduce opportunities for abuse. Testimony also emphasized that electronic or mail voting can be secure and efficient, and that the bill would make the process clearer and more democratic. Finally, the committee heard testimony on HB 1679, which would clarify an association board’s authority over electronic meetings, electronic voting, voting without a meeting, and mail voting without a meeting. Supporters said the measure would clean up statutory language, make electronic voting optional, and fix problems created by a 2024 change that made written-consent timing rules difficult to use for association actions. They also said the bill would clarify that proxies are only used at meetings, not for actions taken without a meeting. One opponent argued the bill needs further amendment because electronic voting is not well defined and could be abused, and questioned the neutrality of parliamentarians testifying on condominium bills. No votes were taken on any of the measures during the portion of the meeting provided.
WA

Washington 2025-2026 Regular Session

Senate Business, Trade & Economic Development Feb 4th, 2026 at 08:00 am

Business, Trade & Economic Development

Summary: The Senate Business, Trade & Economic Development Committee met on cut-off day and first received a staff briefing on several gubernatorial appointments and bills, including travel insurance (SB 6248), false subject lines in commercial emails (SB 5976), wildfire mitigation grants and insurance underwriting limits (SB 6079), small loan principal limits (SB 6250), appraiser trainee licensing tolling (SB 6257), the statewide economic development strategic plan (SB 6289), cash transaction rounding to eliminate pennies (SB 6230), surveillance pricing in grocery stores, and a late-added proposed substitute on the definition of rural counties. Staff noted fiscal impacts where available and described proposed substitutes that adjusted effective dates, reporting requirements, eligibility, and other technical details. In executive session, the committee voted to recommend confirmation for gubernatorial appointments 9060 (Alicia Levy), 9169 (Michael Charles), 9265 (Brian Bennett), and 9266 (Noah Skartford). It then advanced SB 6248, SB 6079, SB 6250, SB 6257, SB 6289, SB 6230, and SB 6149 with due pass recommendations, sending most to Rules and SB 6079 to Ways and Means. SB 5976 was not considered, and SB 612 was removed from the agenda. Members and the chair closed by thanking committee staff, stakeholders, tribes, and those who testified in person or online during the short session. The committee then adjourned.
WA

Washington 2025-2026 Regular Session

House Capital Budget Jan 29th, 2026 at 01:30 pm

Capital Budget

Transcript Highlights:
  • As you know, the cost that you achieve from this, which is construction cost escalation.
  • A lot of escalation can happen to the anticipated cost.
  • What it does is reduce unnecessary administrative burden and cost, costs that otherwise flow directly
  • to ratepayers. ...administrative burden and cost, costs that otherwise flow directly to ratepayers.
  • The construction cost allocation is the maximum per square foot cost of construction that the state will
Summary: The committee held public hearings on three capital-related bills. HB 2353 would raise the pre-design threshold for state-funded capital projects from $10 million to $15 million and require annual inflation adjustments beginning in 2027. Staff and the prime sponsor said the change would reduce delays and costs for projects, with testimony from Steve DuPont supporting the bill as a way to avoid unnecessary pre-design work and construction escalation. The hearing on HB 2420 covered increases to the Small Works Roster threshold for public works contracts, with a proposed substitute delaying the first increase to January 1, 2027. Representative Zahn and several stakeholders, including universities, cities, ports, counties, and water districts, testified in support, saying the bill would reduce administrative burden, speed projects, and better reflect current construction costs. The committee also heard HB 2470, which would change School Construction Assistance Program rules for school facilities located on military bases. Staff explained that on-base instructional space would be excluded from district inventory calculations, increasing eligibility, and that state assistance would be based on project cost minus federal funding. Representative Leavitt said the bill would help districts like Clover Park and Medical Lake better serve military families. OSPI, Clover Park School District, and the Veterans Legislative Coalition testified in support, though OSPI noted it was working on an amendment to replace a federal-funding backfill with a 15% increase in the SCAP funding assistance percentage to comply with federal law. In executive session, the committee moved HB 2338, which would make community-scaled projects eligible under the Department of Commerce low-income weatherization program, out of committee with a due-pass recommendation by a 17-0 vote, with two members excused. The committee then held a work session with the Recreation and Conservation Office on its competitive grant programs, including the Washington Wildlife and Recreation Program, youth athletic facilities, community forests, aquatic lands, boating, firearms and archery ranges, and federal trail and conservation programs. Members asked about demand, ADA compliance, match requirements, geographic distribution, and outreach to underserved communities; RCO said it uses advisory committees, regional allocation methods in some programs, and technical assistance to broaden access and improve distribution.
AZ

Arizona 2026 Regular Session

01/26/2026 - Senate Finance

Finance

Transcript Highlights:
  • As always, my questions center around the cost of everything.
  • And so the cost to the taxpayer especially.
  • of variable and fixed costs.
  • It means opening your heart while fully understanding the cost.
  • That decision came with a cost. Security for my family. That decision came with a cost.
TX

Texas 89th Regular

Insurance May 7th, 2025

Insurance

Transcript Highlights:
  • biomarker testing as part of their treatment regimen are still required to pay out-of-pocket, which can cost
  • The cost for these serious hospital admissions is huge, both financially and physically.
  • The lifetime cost of treating just one HIV case is substantial.
  • Exceeding $420,000 annually, our healthcare costs for someone living with HIV are seven times higher
  • It is costing every single one of us on this panel; it's costing their insurance more money.
OK

Oklahoma 2026 Regular Session

Commerce and Economic Development Oversight Mar 3rd, 2026 at 03:00 pm

Commerce & Economic Development Oversight

Transcript Highlights:
  • We have had significant increases in insurance costs, which are due to a variety of insurance costs and
  • Lower their premiums, and they can use that.
  • It costs me about. $1,300. And so I paid for that out of my own checking account.
  • already kind of built that up into, then I could pay that claims essentially out of that and keep that cost
  • Again, try to make sure that we can lower premiums over time, and people can raise their deductibles
TX
Transcript Highlights:
  • . the cost of these premiums.
  • As you well know, these costs and cost savings are passed on to the consumer.
  • Okay, because you know, it's cost recoupment, right?
  • Currently, policyholders are paying for these borrowing costs via premiums.
  • Much more of that premium will go into the CRTF.
LA

Louisiana 2026 Regular Session

Administration of Criminal Justice Apr 23rd, 2026

Administration of Criminal Justice

Transcript Highlights:
  • provides an exception for the town of Addis to the mandatory assessment and remittance of special costs
  • provides an exception for the town of Addis to the mandatory assessment and remittance of special costs
  • But if we leave this gap exposed, it will continue to cost lives just like it did Jada's.
  • Amendment 4 clarifies that proposed law relative to payment of monitoring costs applies to adults who
  • Amendment 5 removes specific references to the method of payment for monitoring costs.
WA

Washington 2025-2026 Regular Session

Senate Floor Session Feb 28th, 2026

Washington Senate Floor Meeting

Transcript Highlights:
  • President, to recoup unused premium dollars set aside for this specific... ...to recoup unused premium
  • President, is the cost of health care and their rising insurance premiums.
  • President, is the cost of health care and their rising insurance premiums.
  • It's going to increase costs for hospitals, and it's going to increase costs for insurers, none of which
  • If we add cost to the system, who's going to be paying that cost? Thank you, Mr. President.
Summary: The Senate opened with ceremonial items, then moved through gubernatorial appointments and a series of floor votes. It confirmed Acacia E. Ingram to the Evergreen State College Board of Trustees, Ashland J. Tibbet and David S. Frockt to the Western Washington University Board of Trustees, and Christine Rolfes to the Olympic College Board of Trustees. Members spoke in support of the appointees’ public service and ties to higher education. The chamber also heard a personal privilege statement honoring a Colfax basketball coach who died of pancreatic cancer, followed by a caucus break. The Senate then considered several bills, passing measures on derelict vessels (SHB 2199), radiologic technologist supervision (HB 2113), nitrous oxide retail sales (ESHB 2532), ambulance transport fund alignment (HB 2531), EMT recertification (HB 2540), affordable housing on religious property (2SHB 1859), factory-built housing standards (SHB 2151), social housing public development authorities (EHB 1687), the Washington Voting Rights Act and voter suppression claims (ESSHB 1750), privacy and data protection reporting and AI use (HB 2606), military family school stability (ESHB 2534), coal-fired utility treatment (HB 2367), and school access to albuterol (SHB 2360). Most passed on strong bipartisan roll calls, though the voting-rights bill and coal-utility bill drew the most debate and partisan division. Several bills were amended on the floor. The Senate adopted changes to the nitrous oxide bill, the factory-built housing bill, the social housing bill, the albuterol bill, and the 3D-printer/firearm-manufacturing bill (ESHB 2320), while rejecting some proposed amendments on the voting-rights and 3D-printer bills. Debate centered on whether the voting-rights bill set too low a threshold for lawsuits and whether the coal-utility bill gave improper treatment to coal generation; supporters framed both as needed protections or transition measures, while opponents warned about litigation and policy overreach. The chamber also discussed tribal consultation in energy siting (SHB 2496), ultimately passing it after a close vote, and later returned to the 3D-printer bill, which advanced after amendments narrowed exemptions for gunsmiths and dealers and clarified the bill’s focus on digital files used to manufacture firearms.
OK

Oklahoma 2026 Regular Session

Insurance REVISED: SB1592 - Removed Apr 7th, 2026

Insurance

Summary: The committee considered several bills and moved each one forward without opposition. Senate Bill 1684, presented by Representative Bayshore, would require highway remediation companies to carry at least $3 million in liability insurance before entering roadways to protect the public; it passed 6-0 and was recommended to the next committee. Senate Bill 378, also presented by Bayshore, would modernize the multi-county bail bonds statute by adding flexibility in writing capacity and strengthening financial oversight and transparency; it passed 6-0 and was recommended for the floor. Senate Bill 1447, presented by Representative Marti, would change requirements for the RFP for the state employee prescription drug plan. Marti used the presentation to sharply criticize the State Chamber and outside messaging about the bill, arguing the legislation would not raise drug costs and that similar laws in other states have produced savings; the bill passed 6-0. Senate Bill 1920, presented by Representative Tedford, would raise the salvage title threshold for autos from 60% to 70% to align more closely with neighboring states and avoid prematurely totaling vehicles; it passed 6-0 and was sent to the next committee. After a brief suspension, the committee took up Senate Bill 1443, presented by Representative Sneed on behalf of Chairman Chad Caldwell, which concerns anesthesia services. No questions or debate were raised, and the bill passed 6-0. The meeting then adjourned.