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. |