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126th MAINE LEGISLATURE |
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LD 1094 |
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LR 1019(02) |
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An Act To Fully
Implement Health Insurance Exchanges and To Make Maine Law Consistent with
Federal Law |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Insurance and Financial Services |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Legislative Cost/Study |
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Legislative
Cost/Study |
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The general
operating expenses of the Maine Health Exchange Advisory Council are
projected to be $4,250 annually beginning in fiscal year 2013-14. The Legislature's proposed budget includes
$10,000 in fiscal year 2013-14 and $10,000 in fiscal year 2014-15 for
legislative studies. Whether the
amounts are sufficient to fund all studies will depend on the number of
studies authorized by the Legislative Council and the Legislature. The additional costs associated with
providing staff assistance to the advisory council can be absorbed by the
Legislature utilizing existing budgeted resources. If outside sources of funding for the
advisory council are received and accepted by the Legislative Council, the
General Fund costs would be reduced. |
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Fiscal Detail
and Notes |
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Additional costs
to the Department of Health and Human Services and the Bureau of Insurance in
the Department of Professional and Financial Regulation are assumed to be
minor and can be absorbed within existing budgeted resources. |
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