LD 120 LR 380(02)
An Act To Lower Health Care Costs through the Establishment of the Office of Affordable Health Care
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Health Coverage, Insurance and Financial Services
Fiscal Note Required: Yes
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $291,382 $403,831 $417,945 $455,560
General Fund $291,382 $403,831 $417,945 $455,560
Fiscal Detail and Notes
This bill includes General Fund appropriations of $291,382 in 2021-22 and $403,831 in 2022-23 to establish and provide funding for the costs of one Director position, one Public Service Coordinator II position, one Office Specialist II position within the new Office of Affordable Health Care beginning October 1, 2021. This estimate assumes the new Office of Affordable Health Care will be located in state-owned space and will not incur rental costs. In addition to covering startup costs in the first year, as well as ongoing costs for the Office, the estimate assumes $20,000 per year for the Director to contract with individuals or entities as indicated in Sec. 3, sub-section 6.
Any additional costs to the Department of Health and Human Services and the Department of Administrative and Financial Services to serve on the Advisory Council are expected to be minor and can be absorbed within existing budgeted resources.