124th MAINE LEGISLATURE
LD 1083 LR 1836(02)
An Act Regarding the Payment of Medicare Parts B and D Premiums for Employees Eligible for Medicare
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
             
Fiscal Note
Potential current biennium cost increase - Multiple Funds
Potential current biennium savings - Multiple Funds
(Net impact not determined)
Fiscal Detail and Notes
Assumes a potential increased cost to the State Employee Health Benefit Plan if active employees eligible for Medicare elect to enroll in Medicare and the State pays 100% of the Medicare Part B premium for these employees.  Assumes a potential savings to the State Employee Health Benefit Plan if Medicare covers health care costs for these employees now paid by the Plan.  The net fiscal impact for each fiscal year will depend on the timing and amount of Medicare premiums paid and the timing and amount of offsetting costs assumed by Medicare.