123rd MAINE LEGISLATURE
		LD 1047		LR 677(01)
	An Act To Lower the Cost of Health Insurance
	Fiscal Note for Original Bill
	Sponsor: Rep. Vaughan of Durham
	Committee: Insurance and Financial Services
	Fiscal Note Required: Yes
Fiscal Note
Potential current biennium cost increase - General Fund Potentail current biennium savings - General Fund
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Appropriations/Allocations
	Other Special Revenue Funds		($18,177)	($45,570)	($47,883)	($50,324)
Fiscal Detail and Notes
	The bill's provisions eliminating the certificate of need could result in increased costs to the MaineCare program. Eliminating the certificate of need may also result in savings in Department of Health and Human Services administrative costs.
	Includes a deallocation of funds and eliminates one half-time Insurance Actuarial Assistant position and related costs effective September 1, 2007,  no longer necessary as a result of repealing the certificate of need provisions.  Provides an allocation of funds on a one-time basis for the costs of contracting with another entity to prepare a grant application.