121st Maine Legislature
		Office of Fiscal and Program Review
		LD 852
		An Act to Promote Alternatives in Group Self-insurance
		LR 1734(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. O'Neil
		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		$31,080	$35,661	$35,661	$35,661
Revenue
	Other Special Revenue Funds		$31,080	$35,661	$35,661	$35,661
Fiscal Detail and Notes
	Requiring the establishment of a new workers compensation group self-insurance account if 3 or more group self-insurers request it will require the establishment of the account, the collection of revenue and the processing and payment of claims against the account.  The fiscal note assumes the account will be self-funded, but at this time, the amount and timing of revenue collected and payments from the account cannot be determined.  The Bureau of Insurance in the Department of Professional and Financial Regulation will require an Other Special Revenue Fund allocation for an additional half-time position to administer the account.