LD 1760
pg. 3
Page 2 of 3 PUBLIC Law Chapter 565 LD 1760 Title Page
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LR 2554
Item 1

 
C. The operations of the organization must be supported from
3 sources as provided in this paragraph:

 
(1) Fees collected pursuant to paragraphs A and B;

 
(2) Annual assessments of not less than $100 assessed
against the following entities licensed under Titles 24
and 24-A: nonprofit hospital and medical service
organizations, health insurance carriers and health
maintenance organizations on the basis of the total
annual health care premium; and 3rd-party
administrators and carriers that provide only
administrative services for a plan sponsor on the basis
of claims processed or paid for each plan sponsor. The
assessments are to be determined on an annual basis by
the board. Health care policies issued for specified
disease, accident, injury, hospital indemnity,
disability, long-term care or other limited benefit
health insurance policies are not subject to assessment
under this subparagraph. For purposes of this
subparagraph, policies issued for dental services are
not considered to be limited benefit health insurance
policies. The total dollar amount of assessments under
this subparagraph must equal the assessments under
subparagraph (3); and

 
(3) Annual assessments of not less than $100 assessed
by the organization against providers. The assessments
are to be determined on an annual basis by the board.
The total dollar amount of assessments under this
subparagraph must equal the assessments under
subparagraph (2).

 
The aggregate level of annual assessments under
subparagraphs (2) and (3) must be an amount sufficient to
meet the organization's expenditures authorized in the state
budget established under Title 5, chapter 149. The annual
assessment may not exceed $1,346,904 in fiscal year 2002-03.
In subsequent fiscal years, the annual assessment may
increase above $1,346,904 by an amount not to exceed 5% per
fiscal year. The board may waive assessments otherwise due
under subparagraphs (2) and (3) when a waiver is determined
to be in the interests of the organization and the parties
to be assessed.


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