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§ 805-I. Restricted account

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 62 P.S. Poor Persons and Public WelfareEffective: July 1, 2016

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 62 P.S. Poor Persons and Public Welfare (Refs & Annos)
Chapter 1. Human Services Code (Refs & Annos)
Article VIII-I. Managed Care Organization Assessments (Refs & Annos)
Effective: July 1, 2016
62 P.S. § 805-I
§ 805-I. Restricted account
There is established a restricted account in the General Fund for the receipt and deposit of assessment proceeds. Funds in the account are appropriated to the department and shall be used to maintain actuarially sound rates for the Medicaid managed care organizations and to fund other medical assistance expenditures. Funds in the account may be used to fund expenditures for managed care health coverage provided through State administered programs for persons of low income or CHIP, to the extent permissible under Federal and State law or regulation and without creating a guarantee to hold harmless, as those terms are used in 42 CFR 433.68(f) (relating to permissible health-care related taxes).

Credits

1967, June 13, P.L. 31, No. 21, art. 8-I, § 805-I, added 2015, Dec. 28, P.L. 500, No. 92, § 15, effective July 1, 2016.
62 P.S. § 805-I, PA ST 62 P.S. § 805-I
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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