132nd MAINE LEGISLATURE
LD 1906 LR 896(02)
An Act to Improve Accountability and Understanding of Data in Insurance Transactions
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Health Coverage, Insurance and Financial Services
Fiscal Note Required: Yes
             
Fiscal Note
Potential current biennium cost increase - General Fund
Fiscal Detail and Notes
This bill allows a plan sponsor to perform a post-payment audit of all claims paid to ensure compliance with the contract at least once in a calendar year. Any costs to the State Employee Health Plan are dependent on whether the State seeks an audit, the nature and scope of any audit, and the costs associated with the audit. A more precise fiscal estimate cannot be determined at this time.