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123rd MAINE LEGISLATURE |
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LD 1294 |
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LR 1955(02) |
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An Act To
Establish a Health Care Bill of Rights |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Insurance and Financial Services |
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Fiscal Note Required: Yes |
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Fiscal Note |
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2007-08 |
2008-09 |
Projections 2009-10 |
Projections 2010-11 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$48,760 |
$62,861 |
$65,174 |
$67,615 |
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Fiscal Detail
and Notes |
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The Bureau of
Insurance in the Department of Professional and Financial Regulation will
require an Other Special Revenue Funds allocation of $48,760 in 2007-08 and $62,861 in 2008-09
for the costs of a half-time insurance actuarial assistant and other
administrative costs resulting from the additional rate increase filings
required under the bill, including the costs of completing reviews of the
filings and assisting in any hearings. The Bureau of Insurance believes it
can fund these additional costs within existing budgetary resources but
should this not be the case, the bureau has assessment authority under
existing law to support the costs of the bureau. |
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The fiscal note
also assumes the additional costs associated with this legislation can be
absorbed by the Department of the Attorney General utilizing existing
budgeted resources. |
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