121st Maine Legislature
Office of Fiscal and Program Review
LD 666
Resolve, To Implement a Process That Provides for Sunsetting Health Insurance Mandates     
LR 0590(01)
Fiscal Note for Original Bill
Sponsor: Sen. Turner of Cumberland
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Appropriations/Allocations
Other Special Revenue Funds $240,000 $0 $0 $0
Fiscal Detail and Notes
The resolve requires the Bureau of Insurance to review and analyze existing health insurance coverage and offering mandates. The fiscal note assumes reviews will be completed by an external contractor on an expedited basis for a January 15, 2004 report.  Existing mandates and offers will be categorized into 16 mandate topics and analyzed at a cost of $15,000 per report, the maximum cost per report paid to the current vendor who completes proposed mandate benefit bill reviews.  Costs would be one-time.