OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT ESTABLISHING THE CONNECTICUT HEALTHCARE PARTNERSHIP.
LCO No.: 7616
File Copy No.: 483
House Calendar No.: 282
OFA Fiscal Note
The amendment reduces the potential cost to the state and may increase the cost to municipalities identified in the fiscal note for the underlying bill for Sections 1 through 8. The amendment prohibits the state from subsidizing any partnership plan.
In accordance with the amendment, if the partnership plan were pooled with the state employee and retiree health plan, the premiums or other fees charged to participating municipalities and nonprofits would have to be sufficient to cover the cost of providing care for those employers' pools. Under the underlying bill, if the premiums and fees established by the actuary and collected by the Comptroller, were insufficient to cover the costs incurred by the partnership plan, the state may be liable for the additional cost.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.