129th MAINE LEGISLATURE
		LD 1650		LR 243(02)
	An Act To Strengthen Consumer Protections in Health Care
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Health Coverage, Insurance and Financial Services
	Fiscal Note Required: Yes
Fiscal Note
			FY 2019-20	FY 2020-21	Projections  FY 2021-22	Projections  FY 2022-23
Appropriations/Allocations
	Other Special Revenue Funds		$0	$0	$11,100	$11,100
Fiscal Detail and Notes
	The bill requires the Superintendent of Insurance to hold a hearing when an individual health insurance plan proposes an increase in rates for plan rate filings beginning with the 2022 plan year. It is anticipated that the Bureau will need to hold three hearings a year, beginning in fiscal year 2021-22.  These three hearings are estimated to cost $11,100, with any future allocation funded by existing resources within the Bureau of Insurance.