New Hampshire § 126-AA-1 - Section 126-AA:1 Definitions.

§ 126-AA-1. Section 126-AA:1 Definitions.

In this chapter: I. "Commissioner" means the commissioner of the department of health and human services. II. "Department" means the department of health and human services. III. "Fund" means the New Hampshire granite advantage health care trust fund. IV. "Program" means the New Hampshire granite advantage health care program. V. "Remainder amount" means, for the 6-month period between January 1, 2019 and June 30, 2019 and for each single identified fiscal year thereafter for any authorized period of the granite advantage health care program, the cost of the program, including administrative costs attributable to the program, minus the following: (a) An amount equal to the amount of revenue transferred from the alcohol abuse prevention and treatment fund in the state fiscal year ending June 30, 2023, adjusted annually by the percentage change in the Consumer Price Index for All Urban Consumers, Northeast Region as published by the Bureau of Labor Statistics, United States Department of Labor. The first such annual adjustment shall be made during the fiscal year ending June 30, 2024. The annual adjustment shall not exceed 5 percent in any fiscal year; (b) All federal reimbursement for the program that period or fiscal year, including federal reimbursement for administrative costs related to the program; (c) Any surplus funds generated as a result of the managed care organizations managing the cost of their services below the minimum medical loss ratio established by the commissioner for the managed care program beginning on July 1, 2019 and thereafter; and (d) Taxes attributable to premiums written for medical and other medical related services for the newly eligible Medicaid population as provided for under this chapter, consistent with RSA 400-A:32, III(b).