Vermont § 1901e - Global Commitment Fund

§ 1901e. Global Commitment Fund

• (a) The Global Commitment Fund is created in the Treasury as a special fund. The Fund
  shall consist of the revenues received by the Treasurer as payment of the actuarially
  certified premium from the Agency of Human Services to the managed care organization
  within the Department of Vermont Health Access for the purpose of providing services
  under the Global Commitment to Health waiver approved by the Centers for Medicare
  and Medicaid Services under Section 1115 of the Social Security Act. (b) The monies in the Fund shall be disbursed as allowed by appropriation of the General
  Assembly, and shall be disbursed by the Treasurer on warrants issued by the Commissioner
  of Finance and Management, when authorized by the Commissioner of Vermont Health Access
  and approved by the Commissioner of Finance and Management consistent with the interdepartmental
  agreements between the managed care organization within the Department of Vermont
  Health Access and departments delivering eligible services under the waiver. The Department
  of Vermont Health Access shall not modify an appropriation through an interdepartmental
  agreement or any other mechanism. A department or agency authorized to spend monies
  from this Fund under an interdepartmental agreement may spend monies appropriated
  as a base Medicaid expense for an allowable managed care organization investment under
  the terms and conditions of the Global Commitment to Health Medicaid Section 1115
  waiver only after receiving approval from the Agency of Human Services. (c) Annually, on or before October 1, the Agency shall provide a detailed report to the
  Joint Fiscal Committee that describes the managed care organization’s investments
  under the terms and conditions of the Global Commitment to Health Medicaid Section
  1115 waiver, including the amount of the investment and the agency or departments
  authorized to make the investment. (Added 2005, No. 93 (Adj. Sess.), § 16c, eff. Oct. 1, 2005; amended 2005, No. 215 (Adj. Sess.), § 307, eff. May 31, 2006; 2009, No. 156 (Adj. Sess.), § I.46; 2013, No. 131 (Adj. Sess.), § 40, eff. May 20, 2014; 2015, No. 172 (Adj. Sess.), § E.306.5; 2021, No. 20, § 299.)