‘ D. The self-administered plan may not obligate the General Fund beyond that amount appropriated by the Legislature.’
HP0347 LD 431 |
First Regular Session - 123rd Legislature - Text: MS-Word, RTF or PDF |
LR 356 Item 4 |
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Bill Tracking | Chamber Status |
Amend the bill in section 11 in §6981 in subsection 5 by inserting after paragraph C the following:
summary
This amendment clarifies that the Dirigo Health self-administered plan may not expend general funds beyond any general funds appropriated to it by the Legislature. This amendment augments the fiscal protections within the bill, which provides that the plan will purchase excess or stop loss insurance and reinsurance, will be subject to actuarial and Bureau of Insurance review and is subject to an annual audit. In the event costs of the plan exceed the budget, the plan will close enrollment.