HB 4237 Summary

• Appropriates $68,889,800 gross funding for the Department of Insurance and Financial Services for fiscal year ending September 30, 2020, with $50,000 from state general fund and remainder from federal and special revenue funds.

• Authorizes 352.5 full-time equated positions (6.0 unclassified, 346.5 classified) across three main divisions: Departmental Administration ($7.2M), Insurance and Financial Services Regulation ($59.4M), and Information Technology ($2.3M).

• Establishes reporting requirements including annual health insurance rate filing reports, health care fraud unit cost savings analyses, and consumer complaint statistics broken down by industry sector.

• Mandates out-of-state travel restrictions requiring supervisor approval and one of six qualifying conditions; limits multiple employees to single out-of-state conferences unless federally funded or multi-issue training.

• Requires department cooperation with state budget office to maintain public searchable website with fiscal expenditure data, employee counts, and job specifications; prohibits use of appropriations for foreign goods when comparable American products available at competitive prices.