United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 26, § 850-P: Implementation, 2023

Contributions must start on January 1, 2025. The administrator must start processing claims on May 1, 2026, and the authority must complete an actuarial study by February 1, 2026; the authority ma…

benefits proceduresclaims processingcontribution fundingfund solvency

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01

Purpose and legislative effect

“Contributions must start on January 1, 2025. The administrator must start processing claims on May 1, 2026, and the authority must complete an actuarial study by February 1, 2026; the authority may also order a one-time suspension of claims payments for up to 3 months if more contributions are needed.”

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02

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    Enacted 2023 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Implementation

Contributions must start on January 1, 2025. The administrator must start processing claims on May 1, 2026, and the authority must complete an actuarial study by February 1, 2026; the authority may also order a one-time suspension of cl…

Section 850-P

04

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Source record from legislature.maine.gov · Enacted 2023 · Source version 1 Oct 2025

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Provision
§ 850-PImplementationProvision

Contributions must start on January 1, 2025. The administrator must start processing claims on May 1, 2026, and the authority must complete an actuarial study by February 1, 2026; the authority may also order a one-time suspension of claims payments for up to 3 months if more contributions are needed.

Contributions must begin January 1, 2025 to provide funds for the fund. The administrator shall begin processing claims on May 1, 2026, except that, by February 1, 2026, the authority shall conduct an actuarial study to ensure the solvency of the fund in order to begin processing claims on May 1st. If additional contributions are required based on the results of the actuarial study, the authority, through a majority vote, may require a one-time suspension of claims payments of no longer than 3 months. [PL 2023, c. 412, Pt. AAA, §7 (NEW).] The administrator shall establish reasonable procedures and forms for filing claims for benefits under this subchapter and shall specify what supporting documentation is necessary to support a claim for benefits, including documentation required from a health care provider for proof of a serious health condition. [PL 2023, c. 412, Pt. AAA, §7 (NEW).]
Section 850-PVerify source

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  • 1 Oct 2025 · currentEnglish

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