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129th MAINE LEGISLATURE |
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LD 362 |
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LR 166(01) |
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Resolve, To
Require the Department of Health and Human Services To Submit a State Plan
Amendment To Exempt Retirement and Educational Assets from Calculations for
Medicaid Eligibility |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Bellows of Kennebec |
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Committee: Health and Human Services |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
| Net Cost
(Savings) |
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General Fund |
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$126,549 |
$119,964 |
$119,964 |
$119,964 |
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| Appropriations/Allocations |
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General Fund |
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$126,549 |
$119,964 |
$119,964 |
$119,964 |
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Federal Expenditures Fund |
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$212,025 |
$211,428 |
$211,428 |
$211,428 |
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Other Special Revenue Funds |
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$21,545 |
$0 |
$0 |
$0 |
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| Revenue |
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Federal Expenditures Fund |
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$212,025 |
$211,428 |
$211,428 |
$211,428 |
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| Fiscal Detail
and Notes |
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The Department of
Health and Human Services will require General Fund appropriations of
$126,549 in fiscal year 2019-20 and $119,964 in fiscal year 2020-21 for
Automated Client Eligiblity System technology upgrades and testing and
medical claims of disabled individuals under 65 years of age with a minor
child who would become MaineCare eligible if assets in qualifying retirement
accounts and education accounts were disregarded. Federal Expenditures Fund
allocations will also be required for the FMAP match. |
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