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insurance carriers and 3rd-party administrators and must | accrue interest at 12% per annum on or after the due date, | except that: |
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| (1) For plan years beginning between January 1, 2006 | and March 31, 2006, both days inclusive, savings offset | payments must be made monthly for January 2006, | February 2006 and March 2006 and are due not less than | 60 days after the close of each of those calendar | months; and |
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| (2) Savings offset payments for 3rd-party | administrators for groups of 500 or fewer members may | be made annually not less than 60 days after the close | of the plan year. |
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| G. Savings offset payments received by Dirigo Health must be | pooled with other revenues of the agency in the Dirigo | Health Fund established in section 6915; and |
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| H.__Annual savings offset payments received must be | reconciled by Dirigo Health.__Any unused payments must | reduce the next savings offset payment charged to health | insurance carriers, 3rd-party administrators and employee | benefit excess insurance carriers according to a formula | developed by the board. |
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| | Sec. A-12. 24-A MRSA §6913, sub-§§4 and 6, as enacted by PL 2003, c. | 469, Pt. A, §8, are repealed. |
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| | Sec. A-13. 24-A MRSA §6913, sub-§10 is enacted to read: |
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| | 10. Definition of paid claims; rulemaking.__The board shall | adopt rules regarding the definition of paid claims for the | purposes of calculating savings offset payments for health | insurance carriers, 3rd-party administrators and employee benefit | excess insurance carriers due on or after January 1, 2007. Rules | adopted pursuant to this subsection are major substantive rules | as defined in Title 5, chapter 375, subchapter 2-A. |
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| | Sec. A-14. 24-A MRSA §6914, as enacted by PL 2003, c. 469, Pt. A, | §8, is amended to read: |
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| §6914. Intragovernmental transfer |
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| | Starting July 1, 2004, Dirigo Health shall transfer funds, as | necessary, to a special dedicated, nonlapsing revenue account | administered by the agency of State Government that administers | MaineCare for the purpose of providing a state match for federal | Medicaid dollars. Dirigo Health shall annually set the amount of |
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