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130th MAINE LEGISLATURE |
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LD 120 |
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LR 380(01) |
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An Act To Lower
Health Care Costs through the Establishment of the Office of Affordable
Health Care |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Pres. Jackson of Aroostook |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Net Cost
(Savings) |
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General Fund |
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$283,217 |
$366,272 |
$377,129 |
$388,333 |
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Appropriations/Allocations |
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General Fund |
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$283,217 |
$366,272 |
$377,129 |
$388,333 |
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Fiscal Detail
and Notes |
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This bill would
require appropriations of $283,217 in 2021-22 and $366,272 in 2022-23 to
establish and provide funding for the costs of one Director position, one
Legislative Analyst position and one Administrative Secretary position within
the new Office of Affordable Health Care beginning October 1, 2021. The
fiscal estimate assumes the new Office of Affordable Health Care will be
located in State-owned space and will not incur rental costs. In addition to covering startup costs in
the first year, as well as ongoing costs for the Office, the fiscal estimate
assumes $20,000 per year for the Director to contract with individuals or
entities as indicated in Sec. 1, sub-section 6. |
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Any additional
costs to the Department of Health and Human Services and the Department of
Administrative and Financial Services to serve on the Advisory Council are
expected to be minor and can be absorbed within existing budgeted resources. |
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