121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1087
		An Act To Require All Health Insurers To Cover the Costs of Hearing Aids
		LR 0989(01)
		Fiscal Note for Original Bill
		Sponsor: Sen. Edmonds of Cumberland
		Committee: Insurance and Financial Services
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	$171,504	$768,340	$860,540
	Highway Fund		$0	$67,523	$302,504	$338,804
	Fund for a Healthy Maine		$0	$532	$2,382	$2,667
Appropriations/Allocations
	General Fund		$0	$171,504	$768,340	$860,540
	Highway Fund		$0	$67,523	$302,504	$338,804
	Federal Expenditures Fund		$0	$64,652	$289,643	$324,400
	Fund for a Healthy Maine		$0	$532	$2,382	$2,667
	Other Special Revenue Funds		$0	$46,216	$207,046	$231,891
	Federal Block Grant Funds		$0	$4,248	$19,032	$21,316
	Other Funds		$0	$19,843	$88,897	$99,565
Revenue
	Federal Expenditures Fund		$0	$64,652	$289,643	$324,400
Fiscal Detail and Notes
	Assumes a 1.2% increase in premium costs for the state employee health plan effective with the contract beginning April 1, 2005.  Any additional costs to the Department of Professional and Financial Regulation in implementing this legislation can be absorbed by the Department within existing resources.  This fiscal note does not reflect the additional costs to the private insurance market as a result of this legislation.