OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
AN ACT ESTABLISHING THE CONNECTICUT HEALTHCARE PARTNERSHIP.
LCO No.: 5213
File Copy No.: 731
House Calendar No.: 288
Senate Calendar No.: 480
OFA Fiscal Note
The amendment strikes the underlying bill and has the effect of limiting the participation in the state employee health plan provided for in the underlying bill to municipalities.
This amendment may reduce the state administrative costs related to expansion of the state health plan provided for in the underlying bill but the level of savings cannot be determined at this time.
Any additional participants able to join the existing state employee health plan could potentially impact the existing pool. The cost of the state employee health plans is based upon the demographics and claims experience of the existing composition of state employees and retirees. To the extent that any additional covered lives impact the loss ratio of the plans, a resulting impact may be experienced on the plans' costs to the state.
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.