OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT CONCERNING NOTICE OF ACQUISITIONS, JOINT VENTURES AND AFFILIATIONS OF GROUP MEDICAL PRACTICES.
LCO No.: 4766
File Copy No.: 419
Senate Calendar No.: 286
OFA Fiscal Note
The amendment may result in a fiscal impact to the state employee and retiree health plan and municipal health plans which is indeterminate. The impact will depend on whether or not the rate paid to the largest hospital or the contracted hospital in closest proximity to the health care provider is greater than or less than the rate currently received by providers. The state and self-insured municipalities which contract either directly with a provider or through a private provider organization will realize the fiscal impact directly in reimbursement rates set after January 1, 2015. The fiscal impact to fully insured municipalities will be reflected in premiums established after January 1, 2015.
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.