Fiscal Note

SB 120 — Fiscal Note/Fee Impact

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Mentions of “BIOMARK” — 3 found

… ltered, amended or reissued after December 31, 2026. 2.This Act requires health insurance plans provide coverage for biomarker testing for the purposes of diagnosis, treatment, appropriate management, or ongoing monitoring of a covered person …

… 1% of Medicaid enrollees (currently 253,000). The estimated cost assumes each affected enrollee would receive one biomarker test per year. a.Per the Department of Health and Social Services, a Federal Fiscal Year 2025 Federal Medical Assi …

… ical Assistance Percentage (FMAP) of 60.15% (39.85% State) is applied for this analysis. 5.The GHIP currently covers biomarker testing as clinically indicated. The estimated cost to the GHIP considers the expanded coverage as directed by the …

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