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insurance carriers and 3rd-party administrators and must | | accrue interest at 12% per annum on or after the due date, | | except that: |
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| | | (1) For plan years beginning between January 1, 2006 | | and March 31, 2006, both days inclusive, savings offset | | payments must be made monthly for January 2006, | | February 2006 and March 2006 and are due not less than | | 60 days after the close of each of those calendar | | months; and |
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| | | (2) Savings offset payments for 3rd-party | | administrators for groups of 500 or fewer members may | | be made annually not less than 60 days after the close | | of the plan year. |
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| | | G. Savings offset payments received by Dirigo Health must be | | pooled with other revenues of the agency in the Dirigo | | Health Fund established in section 6915; and |
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| | | H.__Annual savings offset payments received must be | | reconciled by Dirigo Health.__Any unused payments must | | reduce the next savings offset payment charged to health | | insurance carriers, 3rd-party administrators and employee | | benefit excess insurance carriers according to a formula | | developed by the board. |
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| | | Sec. A-12. 24-A MRSA §6913, sub-§§4 and 6, as enacted by PL 2003, c. | | 469, Pt. A, §8, are repealed. |
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| | | Sec. A-13. 24-A MRSA §6913, sub-§10 is enacted to read: |
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| | | 10. Definition of paid claims; rulemaking.__The board shall | | adopt rules regarding the definition of paid claims for the | | purposes of calculating savings offset payments for health | | insurance carriers, 3rd-party administrators and employee benefit | | excess insurance carriers due on or after January 1, 2007. Rules | | adopted pursuant to this subsection are major substantive rules | | as defined in Title 5, chapter 375, subchapter 2-A. |
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| | | Sec. A-14. 24-A MRSA §6914, as enacted by PL 2003, c. 469, Pt. A, | | §8, is amended to read: |
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| | | §6914. Intragovernmental transfer |
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| | | Starting July 1, 2004, Dirigo Health shall transfer funds, as | | necessary, to a special dedicated, nonlapsing revenue account | | administered by the agency of State Government that administers | | MaineCare for the purpose of providing a state match for federal | | Medicaid dollars. Dirigo Health shall annually set the amount of |
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