125th MAINE LEGISLATURE
LD 1498 LR 394(02)
An Act To Phase Out Dirigo Health and Establish the Maine Health Benefit Exchange for Small Businesses and Individuals
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
             
Fiscal Note
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Appropriations/Allocations
Maine Health Benefit Marketplace Enterprise Fund $0 $163,003 $167,743 $172,626
Transfers
Dirigo Health Fund $0 ($5,877,676) $0 $0
Maine Health Benefit Marketplace Enterprise Fund $0 $5,877,676 $0 $0
Fiscal Detail and Notes
Provides an allocation of $163,000 for the Maine Health Benefit Marketplace program for the creation of the Executive Director position. Also provides for the transfer of $5,877,676 from the Dirigo Health Fund to the Maine Health Benefit Marketplace Fund in 2012-13.  The funds transferred are assumed to be grant funds received by the State under the federal Affordable Care Act for health benefit exchange development and planning purposes.