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4280 Managed Risk Medical Insurance Board
Budget-Balancing Reductions
- The Budget includes General Fund reductions of $41.9 million in 2008-09.
- The following activities totaling $5.5 million General Fund, have been exempted from the budget balancing reductions since they are part of the Children's Outreach Initiative: Payments for certified application assistance ($3.4 million); and implementation of the requirements of Chapter 326, Statutes of 2006 (SB 437), including self-certification of income at annual eligibility redetermination ($2.1 million).
- The major budget balancing reductions for 2008-09 include:
Reducing the rates paid to Healthy Families Program plans by five percent for a savings of $22.4 million General Fund.
Increasing the statewide average subscriber premium for the Healthy Families Program by $3.00 per child per month for a savings of $11.1 million General Fund.
Establishing an annual benefit limit of $1,000 for dental coverage under the Healthy Families Program for a savings of $6.3 million General Fund.
Increasing co-payments in the Healthy Families Program from $5.00 to $7.50 for non-preventive services for families with incomes over 150 percent of the Federal Poverty Level for a savings of $3.4 million General Fund.
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