| | | section, all policies, contracts and plans are deemed renewed no | | later than the next yearly anniversary of the contract date. |
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| | | 4.__Other insurance types authorized.__This chapter may not be | | construed to prohibit the following types of insurance:__ | | accident, disability, credit, long-term care or nursing home | | care, Medicare supplement, specified disease, vision, coverage | | issued as a supplement to liability insurance, workers' | | compensation, automobile medical payment or insurance under which | | benefits are payable with or without regard to fault and that is | | required by statute to be contained in any liability insurance | | policy or equivalent self-insurance. |
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| | | 5.__Persons not covered by plan.__This chapter may not be | | construed to prohibit the sale of insurance to persons not | | covered by the plan. |
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| | | §9815.__Maine Health Care Trust Fund |
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| | | 1.__Establishment of the fund.__The Maine Health Care Trust | | Fund is established to finance the plan pursuant to this chapter.__ | | Deposits to the fund must be made pursuant to this section and to | | rules adopted by the board to carry out the purposes of this | | chapter.__All money in the fund is commingled and undivided.__The | | fund consists of: |
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| | | A.__All payments collected under this section; |
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| | | B.__Interest earned upon any money in the fund; |
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| | | C.__Property or securities acquired through the use of money | | belonging to the fund and all earnings of the property or | | securities; and |
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| | | D.__All other money received for the fund from any other | | source. |
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| | | The fund does not lapse but carries forward from one fiscal year | | to the next. |
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| | | 2.__Use of the fund.__All revenue paid into the fund is | | available to the board and must be expended solely for the | | purpose of defraying the cost of administering the plan, | | including, but not limited to, payments to the administrator for | | administering the plan.__The board shall adopt rules setting the | | requirements for expenditures from the fund.__The board shall | | perform quarterly reviews of expenditures within the plan to | | determine whether expenditures are within the global budget. |
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