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128th MAINE LEGISLATURE |
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LD 192 |
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LR 359(02) |
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An Act To Require
Insurance Coverage for Hearing Aids |
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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 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$0 |
$53,991 |
$53,991 |
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Highway Fund |
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$0 |
$0 |
$1,629 |
$1,629 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$0 |
$53,991 |
$53,991 |
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Highway Fund |
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$0 |
$0 |
$1,629 |
$1,629 |
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| Fiscal Detail
and Notes |
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The bill has an
effective date of January 1, 2019, so only contracts executed after January
1, 2019 will be required to meet the coverage in this bill. Thus, the State
Employee Health Plan will require no General Fund appropriations or Highway
Fund allocations in the current biennium. It is estimated that this bill will
have an annual impact of $53,991 to the General Fund and $1,629 to the
Highway Fund for the increased costs for coverage of hearing aids beginning
on July 1, 2019. |
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