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124th MAINE LEGISLATURE |
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LD 782 |
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LR 1428(02) |
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An Act To Require
Health Insurers To Provide Coverage for Nutritional Wellness and Prevention
Measures and Products |
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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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2009-10 |
2010-11 |
Projections 2011-12 |
Projections 2012-13 |
Net Cost
(Savings) |
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General Fund |
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$0 |
$85,244 |
$90,358 |
$95,780 |
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Highway Fund |
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$0 |
$33,937 |
$35,973 |
$38,131 |
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Appropriations/Allocations |
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General Fund |
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$0 |
$85,244 |
$90,358 |
$95,780 |
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Highway Fund |
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$0 |
$33,937 |
$35,973 |
$38,131 |
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Fiscal Detail
and Notes |
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Requiring
coverage for medically necessary liquid nutrition therapy for persons with a
chronic illness will increase health insurance premium costs to the State
effective with the contract year beginning July 1, 2010. The additional employer costs across all
funds to the state employee health insurance program is estimated to be
approximately $198,000 for fiscal year 2010-11. |
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A General Fund
appropriation of $85,244 in 2010-11 and a Highway Fund allocation of $33,937
in 2010-1 are included for the salary plan reserve accounts to fund increases
for General Fund and Highway Fund employees.
The costs for employees paid by other funds, including a small amount
for the Fund for a Healthy Maine, may require increased allocations as
recommended by the State Budget Officer and approved by the Governor. |
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Any additional
costs to the Bureau of Insurance in the Department of Professional and
Financial Regulation in implementing this legislation can be absorbed by the
bureau within existing budget resources. This fiscal note does not reflect
the additional costs to the private health insurance market. |
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