Insurance: other; allocation of revenue under the insurance provider assessment act; modify. Amends sec. 13 of 2018 PA 175 (MCL 550.1763). TIE BAR WITH: HB 4037'25
Impact
The modifications proposed in HB4038 intend to ensure the ongoing support for Medicaid managed care organizations, particularly amidst changing state fiscal conditions. The bill outlines specific appropriations for future fiscal years, gradually increasing funding available to health data utilities. This structured approach aims to provide clarity and stability in healthcare funding in Michigan, directly affecting Medicaid's operational capabilities and potentially enhancing service provision to residents reliant on these healthcare programs.
Summary
House Bill 4038 aims to amend the existing Insurance Provider Assessment Act of 2018 by modifying the parameters under which funds are collected and expended from the insurance provider fund. The bill specifies that all money collected under the act must be deposited into an established insurance provider fund, which is to be managed by the state treasury. This fund will cover various expenditures including actuarially sound capitation rates for Medicaid managed care organizations and appropriations to offset revenue losses related to health insurance claims assessments.
Contention
While the bill seeks to create a more sustainable financial framework for health-related expenditures, it may also be met with scrutiny regarding its implications on the overall healthcare budget and funding contingencies. Critics could argue that tying future funding increases to consumer price index adjustments might not adequately reflect the rapidly changing landscape of healthcare costs, thus potentially limiting necessary resources for crucial health services.
Notable_points
One noteworthy aspect of HB4038 is its tie-bar requirement with Senate Bill No. S00858'25 or House Bill No. 4037. This suggests that the successful enactment of HB4038 is contingent upon the passage of complementary legislation, emphasizing the interdependencies within state health policy initiatives. The bill’s focus on compliance costs and structured appropriations showcases an effort to balance fiscal responsibility with the urgent need for sufficient healthcare funding.
Same As
Records: health; health information exchange; establish certain requirements to operate a health data utility. Amends secs. 2501 & 2505 of 1978 PA 368 (MCL 333.2501 & 333.2505) & adds sec. 2508.
Insurance: other; allocation of revenue under the insurance provider assessment act; modify. Amends sec. 13 of 2018 PA 175 (MCL 550.1763). TIE BAR WITH: HB 5283'23
Health: other; certain fees and assessments; modify, and make general revisions to the public health code. Amends secs. 5801, 6237, 13522 & 20161 of 1978 PA 368 (MCL 333.5801 et seq.).
Insurance: other; the insurance code of 1956; amend to reflect amendments to the public health code. Amends sec. 2006 of 1956 PA 218 (MCL 500.2006). TIE BAR WITH: HB 5477'24
Taxation: administration; settlement process; modify to reflect repeal of the state real estate transfer tax act. Amends sec. 21 of 1941 PA 122 (MCL 205.21). TIE BAR WITH: HB 5811'24
Public employees and officers: compensation and benefits; regional airport authorities; include in the publicly funded health insurance contribution act. Amends sec. 2 of 2011 PA 152 (MCL 15.562).
Public employees and officers: compensation and benefits; authority by municipalities; include in the publicly funded health insurance contribution act. Amends sec. 2 of 2011 PA 152 (MCL 15.562).
Insurance: no-fault; personal protection insurance benefits; revise definitions in section because of other amendments. Amends sec. 3107c of 1956 PA 218 (MCL 500.3107c). TIE BAR WITH: HB 5307'23
To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2022, to June 30, 2023, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2022.