Department of Insurance

 

 

The enacted budget makes the following changes to the Executive Budget (analysis as of April 1, 2005):

 

·          Decreases the overall State Operations budget from $179.8 million to $177.8 million, by reducing the maintenance undistributed appropriation for the Regulation program by $2 million (from $64,792,000 to $62,792,000). This reduced appropriation is for the Traffic and Criminal Software project (to be suballocated to the Division for Criminal Justice Services).  We believe this reflects the Legislature’s denial of the Governor’s proposal to allow work zone speed enforcement by automated cameras.

 

The Executive Budget recommends (analysis as of January 26, 2005):

 

·        An FTE level of 918, an increase of 10 from the 03/31/05 level of 908.  Workforce changes during SFY 2005-06 include:  a reduction of 3 FTEs in the Administration Program; a reduction of 2 FTEs in the Consumer Services Program; and an increase of 15 FTEs in the Regulation Program.  All positions are supported by Special Revenue-Other funds. 

·        An All Funds increase of $18,996,500 million (11.8 percent).  This is driven by a $17.3 million (12.6 percent) increase in the Regulation Program. 

·        Within the Regulation Program, the Nonpersonal Service appropriation increases by $2,835,300 (15.9 percent), which contrasts with the Personal Service appropriation increase of $2,666,666, or only 6.1 percent.  This increase should be questioned at Labor/Management as we suspect it may be related to contracting out.

·        Within the Regulation Program, the Maintenance Undistributed appropriation increases by $8,864,200 (15.8 percent).  This appropriation reflects sub-allocations to other agencies, including these significant sub-allocations to the Department of Health:

·        An increase of $13,400,000 (382.9 percent) for implementation of a forge-proof pharmaceutical prescription program

·        The elimination of $8 million for state aid to municipalities for an immunization program

·        The elimination of $7,221,200 for enhanced newborn screening

·        The Maintenance Undistributed appropriation within the Regulation Program also includes two new suballocations:

·        $3 million to the Department of Law to investigate broker/insurance practices in the insurance industry

·        $4 million to the Division of Criminal Justice Services for the Traffic and Criminal Software project

·        Article VII legislation would increase Insurance Department service of process fees

 

 

Department of Insurance

Program Details-State Operations

 

Enacted

Proposed

Enacted

Change in

Percent

Program

2004-05 Budget

2005-06 Budget

2005-06 Budget

Appropriation

Change

All Funds

$160,822,500

$179,819,000

$177,819,000

$16,996,500

10.6%

Special Revenue-Other (SRO)

$160,822,500

$179,819,000

$177,819,000

$16,996,500

10.6%

 

 

 

 

 

_

Administration (SRO)

$12,338,700

$13,139,000

$13,139,000

$800,300

6.5%

Personal Services        

$7,837,600

$8,084,000

$8,084,000

$246,400

3.1%

Non-Personal Services

$937,400

$1,123,000

$1,123,000

$185,600

19.8%

Fringe benefits

$3,291,000

$3,658,000

$3,658,000

$367,000

11.2%

Indirect Costs

$272,700

$274,000

$274,000

$1,300

0.5%

 

 

 

 

 

_

Consumer Services (SRO)

$11,285,300

$12,212,000

$12,212,000

$926,700

8.2%

Personal Service

$7,383,600

$7,839,000

$7,839,000

$455,400

6.2%

Nonpersonal Service

$544,300

$560,000

$560,000

$15,700

2.9%

Fringe Benefits

$3,100,400

$3,547,000

$3,547,000

$446,600

14.4%

Indirect Costs

$257,000

$266,000

$266,000

$9,000

3.5%

 

 

 

 

 

 

Regulation (SRO)

$137,198,500

$154,468,000

$152,468,000

$15,269,500

11.1%

Personal Service

$43,620,000

$46,286,000

$46,286,000

$2,666,000

6.1%

Nonpersonal Service

$17,816,700

$20,652,000

$20,652,000

$2,835,300

15.9%

Fringe Benefits

$18,316,000

$20,944,000

$20,944,000

$2,628,000

14.3%

Maintenance Undist.

$55,927,800

$64,792,000

$62,792,000

$6,864,200

12.3%

Indirect Costs

$1,518,000

$1,794,000

$1,794,000

$276,000

18.2%