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Appropriations questions deficit capitalization for state medical insurance fund amid bond paydown debate
Summary
Committee members asked whether general‑fund transfers to cover a deficit in the state’s self‑insured medical insurance fund make sense while other priorities, including support for health centers, are under consideration; the treasurer’s office was not present and the committee scheduled follow‑up.
Members of the Senate Appropriations Committee raised questions on Jan. 31 about a proposed general‑fund transfer to cover a deficit in the state’s self‑insured medical insurance fund and whether those dollars could be redirected to other priorities, such as FQHC support.
Committee members said the administration proposes a deficit capitalization to cover increased expenditures in the medical insurance fund, in part from pharmacy costs. Staff and members discussed whether the capitalization is a…
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