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122nd MAINE LEGISLATURE |
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LD 1935 |
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LR 2809(17) |
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An Act
To Protect Health Insurance Consumers |
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Fiscal Note for House Amendment " " to Committee Amendment " " |
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Sponsor: Rep. Brautigam |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2005-06 |
2006-07 |
2007-08 |
2008-09 |
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Net Cost
(Savings) |
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General Fund |
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$0 |
($6,130) |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$0 |
($6,130) |
$0 |
$0 |
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Other Special Revenue Funds |
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$0 |
$49,500 |
$0 |
$0 |
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Other Funds |
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$0 |
$12,900,000
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$0 |
$0 |
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Revenue |
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Other Funds |
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$0 |
$12,000,000 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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The numbers above
reflect the incremental difference between this amendment and the Committee
Amendment. Assumes this amendment's
proposed 2006 savings offset payment (SOP) of $35 million would increase
Dirigo Health program revenue by 12 million over the Committee Amendment's
proposed $23 million, 2006 SOP. |
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By
prohibiting third party administrators from passing on the savings offset
payment (SOP), this amendment could result in saving to the State Employee
Health Plan from the $2.9 million budgeted to pay for the SOP for FY 2006-07. The General Fund share of these savings
would be approximately $1.2 million. The amendment provides for a review
process that may still allow the third party administrator to pass on these
costs. |
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Assumes
the Bureau of Insurance in the Department of Professional and Financial
Regulation will require an additional Other Special Revenue Funds allocation
of $50,000 for the additional costs related to the third party administrator
provisions of this amendment. The
allocation is needed for the costs of contracted external expertise the
Bureau anticipates it will need. |
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