122nd MAINE LEGISLATURE
LD 1935 LR 2809(17)
An Act To Protect Health Insurance Consumers
Fiscal Note for House Amendment "   " to Committee Amendment "   "
Sponsor: Rep. Brautigam
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $0 ($6,130) $0 $0
Appropriations/Allocations
General Fund $0 ($6,130) $0 $0
Other Special Revenue Funds $0 $49,500 $0 $0
Other Funds $0 $12,900,000 $0 $0
Revenue
Other Funds $0 $12,000,000 $0 $0
Fiscal Detail and Notes
The numbers above reflect the incremental difference between this amendment and the Committee Amendment.  Assumes this amendment's proposed 2006 savings offset payment (SOP) of $35 million would increase Dirigo Health program revenue by 12 million over the Committee Amendment's proposed $23 million, 2006 SOP.
By prohibiting third party administrators from passing on the savings offset payment (SOP), this amendment could result in saving to the State Employee Health Plan from the $2.9 million budgeted to pay for the SOP for FY 2006-07.  The General Fund share of these savings would be approximately $1.2 million. The amendment provides for a review process that may still allow the third party administrator to pass on these costs.
Assumes the Bureau of Insurance in the Department of Professional and Financial Regulation will require an additional Other Special Revenue Funds allocation of $50,000 for the additional costs related to the third party administrator provisions of this amendment.  The allocation is needed for the costs of contracted external expertise the Bureau anticipates it will need.