| 122nd MAINE LEGISLATURE | |||||||||
| LD 1945 | LR 2814(02) | ||||||||
| An Act To Establish a High-risk Health Insurance Pool | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Insurance and Financial Services | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Appropriations/Allocations | |||||||||
| Other Special Revenue Funds | $0 | $15,000 | $0 | $0 | |||||
| Fiscal Detail and Notes | |||||||||
| The bill includes an allocation to the Bureau of Insurance in the Department of Professional and Financial Regulation of $15,000 in fiscal year 2006-07 for contracting the preparation of a grant application to secure federal funds for the purpose of operating a high-risk health insurance pool. The fiscal note assumes the Comprehensive Health Insurance Risk Pool Association would not require an appropriation or allocation of resources and would not result in transactions on the State's books because the Association would be established as an independent non-profit legal entity. | |||||||||