123rd MAINE LEGISLATURE
		LD 959		LR 547(02)
	An Act To Require Insurers To Use Savings from Dirigo Health To Reduce Premiums
	Fiscal Note for Bill as Amended by Committee Amendment "     "
	Committee: Insurance and Financial Services
	Fiscal Note Required: Yes
Fiscal Note
Current biennium revenue decrease - Other Funds Minor cost increase - Other Funds
Fiscal Detail and Notes
	Limiting the amount of the savings offset payment (SOP) to 75% of the aggregate measurable cost savings as determined by the Board of Directors of Dirigo Health may result in a reduction in revenue available to the Dirigo Health program. Based on the $34.3 million savings offset payment approved for assessment beginning July 1, 2007, the reduction in  revenue could be $8.6 million.  The fiscal note also assumes the additional cost of adopting rules as required in the bill can be absorbed by the Dirigo Health program utilizing existing budget resources.