124th MAINE LEGISLATURE | ||||||
LD 1083 | LR 1836(02) | |||||
An Act Regarding the Payment of Medicare Parts B and D Premiums for Employees Eligible for Medicare | ||||||
Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
Committee: Insurance and Financial Services | ||||||
Fiscal Note Required: Yes | ||||||
Fiscal Note | ||||||
Potential current biennium cost increase - Multiple Funds Potential current biennium savings - Multiple Funds (Net impact not determined) |
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Fiscal Detail and Notes | ||||||
Assumes a
potential increased cost to the State Employee Health Benefit Plan if active
employees eligible for Medicare elect to enroll in Medicare and the State
pays 100% of the Medicare Part B premium for these employees. Assumes a potential savings to the State
Employee Health Benefit Plan if Medicare covers health care costs for these
employees now paid by the Plan. The
net fiscal impact for each fiscal year will depend on the timing and amount
of Medicare premiums paid and the timing and amount of offsetting costs
assumed by Medicare. |