LD 1367 LR 1550(02)
An Act To Require Health Insurance Carriers and the MaineCare Program To Cover the Cost of Transition Services To Bridge the Gap between High School and Independence
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
Fiscal Note
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Net Cost (Savings)
General Fund $0 $0 $82,300 $88,884
Highway Fund $0 $0 $30,780 $33,243
General Fund $0 $0 $82,300 $88,884
Highway Fund $0 $0 $30,780 $33,243
Fiscal Detail and Notes
Expanding required coverage for behavioral health services for eligible persons up to age 26 is estimated to have an overall cost to the State Employee Health Insurance Program of $210,00 in 2015-16 based on an assumed cost of 0.1% of total claims. Of this total, the cost to General Fund programs is estimated to be $82,300 in 2015-16 and $88,884 in 2016-17.  The impact on Highway Fund programs is estimated to be $30,780 in 2015-16 and $33,243 in 2016-17. Because of the effective date for plan years beginning on or after January 1, 2015, it is not assumed to have an impact in the current biennium given the State's current July through June plan year.  
The fiscal impact of the amended bill on the Department of Health and Human Services' MaineCare program cannot be determined at this time.  The department believes the age groups specified in the amendment are already being covered for these services under existing MaineCare polices.  Any potential savings to MaineCare from shifting costs to private insurers cannot be determined at this time.