LD 442
pg. 2
Page 1 of 3 An Act To Provide Health Care Savings Accounts and Health Care Management in Ma... Page 3 of 3
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LR 1100
Item 1

 
5.__Purchase of coverage.__A member may purchase health coverage
individually or as a member of a group from a carrier authorized to
transact business in this State pursuant to Title 24 or Title 24-A.__
The member may fund the purchase of health coverage through
transfers of the balance in the member's health care savings
account and of the funds that the department would otherwise pay to
the health care manager.

 
6.__Transfer.__At the end of the year, a member may elect to
transfer all or a portion of the balance remaining in a member
account under subsection 3 to a family development account
established under Title 10, chapter 110, subchapter 4-A.__An
amount transferred from a member account to a family development
account is subject to the provisions of this subsection.

 
A.__The amount transferred pursuant to this subsection is
eligible to be matched as permitted under Title 10, section
1076, subsection 4, paragraph B.

 
B.__The amount transferred pursuant to this subsection may
be withdrawn for health care purposes under Title 10,
section 1077, subsection 1, paragraph F.

 
C.__Any amount deposited into the family development account
pursuant to this subsection as a matching contribution to
the amount transferred from a member account may be
withdrawn for any of the purposes under Title 10, section
1077, subsection 1.

 
7.__Reporting.__The department shall report by February 15th
of each year to the joint standing committees of the Legislature
having jurisdiction over appropriations and financial affairs and
health and human services matters regarding operation of the
health care savings accounts and the program within the MaineCare
program.

 
8.__Rulemaking.__Rules adopted pursuant to this section are
routine technical rules as defined in Title 5, chapter 375,
subchapter 2-A.

 
SUMMARY

 
This bill directs the Department of Health and Human Services
to establish health savings accounts and a health care management
program within the MaineCare program, subject to a waiver from
the federal Centers for Medicare and Medicaid Services. The bill
requires the department to report by February 15th of each year
to the joint standing committees of the Legislature having
jurisdiction over appropriations and financial


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