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127th MAINE LEGISLATURE |
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LD 1150 |
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LR 476(05) |
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An Act Regarding
Maximum Allowable Cost Pricing Lists Used by Pharmacy Benefit Managers |
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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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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$0 |
$97,155 |
$97,155 |
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Highway Fund |
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$0 |
$0 |
$3,244 |
$3,244 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$0 |
$97,155 |
$97,155 |
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Highway Fund |
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$0 |
$0 |
$3,244 |
$3,244 |
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| Fiscal Detail
and Notes |
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This bill will
increase costs to the State Employee Health Plan due to the change in the
maximum allowable costs list rules for pharmacy benefits managers for
contracts beginning on or after September 1, 2016. The bill would not have
any impact on the current biennial budget since the State's Contract with a
pharmacy benefits manager ends on June 30, 2017. Moving forward it is
estimated that there will be an annual cost of $97,155 to the General Fund
and $3,244 to the Highway Fund for contributions to the costs of the State
Employee Health Plan. |
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