Plain English Breakdown
The official source does not define 'managed care entity' or 'state fiscal year spending', so definitions were removed to avoid speculation.
Managed Care Entity Payments
This law states that money sent from managed care entities to the Department of Human Services does not count toward state spending totals if it originally came from federal funds or the department of health care policy and financing.
What This Bill Does
- Sets a rule for how certain funds are counted in state budgets.
- Excludes specific payments made by managed care entities to the Department of Human Services from state fiscal year spending calculations.
Who It Names or Affects
- Managed care entities that receive federal or state health money
- The department of health care policy and financing
- The department of human services
Limits and Unknowns
- The effective date for this law is not listed in the provided information.