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Legislature to require negotiations to reduce such expenses beyond |
state fiscal year 2005 2004. In undertaking such negotiations, the |
| carrier is deemed at all times to be the agent of the State of |
| Maine and the University of Maine System. The chancellor and the |
| carrier, acting at the direction of the State, may offer or demand |
| such terms and conditions as the chancellor considers to be in the |
| best interest of the university to reduce the expense of the plan, |
| including, but not limited to, offering or demanding reductions in |
| standard hospital reimbursement rates, rebates and refunds and |
| uniform terms relating to such reductions, rebates or refunds. The |
| chancellor may not affect or seek to affect amounts paid to |
| hospitals relating to any other customer of the carrier. The |
| hospital discount rate resulting from this specific arrangement is |
| not intended to affect the underlying premium rates for any |
| purpose. This pooling of funds by the State is not intended to |
| affect plan cost recoveries, plan cost structures or the |
| university's ability to negotiate with carriers regarding the plan. |