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130th MAINE LEGISLATURE |
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LD 441 |
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LR 164(02) |
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An Act To Expand
Adult Dental Health Insurance Coverage |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Future biennium cost increase - All Funds |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$0 |
$3,226,116 |
$3,387,422 |
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Highway Fund |
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$0 |
$0 |
$1,135,712 |
$1,192,498 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$0 |
$3,226,116 |
$3,387,422 |
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Highway Fund |
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$0 |
$0 |
$1,135,712 |
$1,192,498 |
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Other Special Revenue Funds |
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$0 |
$55,000 |
$0 |
$0 |
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| Transfers |
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Other Special Revenue Funds |
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$0 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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Requiring health
insurance carriers to provide coverage for comprehensive dental services
without applying cost sharing to those services will increase General Fund
costs to the State Employee Health Plan beginning in the plan year that
starts July 1, 2023 by $3,226,116 in fiscal year 2023-24. The bill will also
increase Highway Fund costs by $1,135,712 beginning in fiscal year 2023-24. |
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This bill
includes an Other Special Revenue Funds allocation of $55,000 in fiscal year
2022-23 to the Department of the Attorney General for the additional costs of
adding dental services to the contract for a Health Insurance Consumer
Assistance Program. The allocation is funded for one year by a transfer to
the Attorney General of $55,000 from available balances within the Bureau of
Insurance, Other Special Revenue Funds accounts in fiscal year 2022-23 only. |
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