121st Maine Legislature
Office of Fiscal and Program Review
LD 686
Resolve, Directing the Bureau of Insurance To Determine the Costs of All Existing Health Insurance Mandates     
LR 0765(02)
Fiscal Note for Bill as Amended by Committee Amendment
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Appropriations/Allocations
Other Special Revenue Funds $180,000 $0 $0 $0
Fiscal Detail and Notes
The resolve requires the Bureau of Insurance to review and analyze existing mandated health insurance benefits. The fiscal note assumes reviews will need to be completed by an external contractor on an expedited basis for a January 15, 2004 report.  Existing mandates will be categorized into 12 mandate topics and analyzed at a cost of $15,000 per report, the maximum cost per report paid to the current vendor that completes proposed mandate benefit bill reviews.  Costs would be one-time.