- Statewide Summary
- All Account Listing
- Veto Listing
- Local Aid - Section 3
- Outside Sections
- Downloads
- Budget Glossary
- Helpful Links
Division of Insurance
Data Current as of: 8/10/2018
| ACCOUNT | FY2019 Conference |
FY2019 Vetoes |
FY2019 Overrides |
FY2019 GAA |
|
|---|---|---|---|---|---|
| 7006-0020 | Division of Insurance | 13,518 | 0 | 0 | 13,518 |
| 7006-0029 | Health Care Access Bureau Assessment | 1,061 | 0 | 0 | 1,061 |
| TOTAL | 14,579 | 0 | 0 | 14,579 | |
| account | description | amount |
|---|---|---|
| DIVISION OF INSURANCE | 15,578,773 | |
| 7006-0020 | Division of Insurance
For the operation of the division of insurance, including the expenses of the board of appeal on motor vehicle policies and bonds, the associated fringe benefits costs for personnel paid from this item, certain other costs of supervising motor vehicle liability insurance and the expenses of the fraudulent claims board; provided, that notwithstanding any general or special law to the contrary, 100 per cent of the amount appropriated in this item and the associated fringe benefits costs for personnel paid from this item shall be assessed upon the institutions which the division currently regulates pursuant to general or special laws or regulations, except for licensed business entity producers; and provided further, that the assessment shall be in addition to any assessments currently assessed upon those institutions |
13,517,980 |
| 7006-0029 | Health Care Access Bureau Assessment
For the operation of the health care access bureau in the division of insurance; provided, that the full amount appropriated in this item and the associated fringe benefits costs for personnel paid from this item, shall be assessed upon the carriers licensed pursuant to chapters 175, 176A, 176B, and 176G of the General Laws, as provided in section 7A of chapter 26 of the General Laws |
1,060,793 |
| account | description | amount |
|---|---|---|
| Federal Grant Spending | 1,000,000 | |
| 7006-6002 | Health Insurance Rate Review C3
For the purposes of a federally funded grant entitled, Health Insurance Rate Review Cycle III |
300,000 |
| 7006-6003 | Further Enhance Rate Review C4
For the purposes of a federally funded grant entitled, Projects to Further Enhance Rate Review in Massachusetts Cycle IV |
200,000 |
| 7006-6004 | Further Insurance Market Reforms
For the purposes of a federally funded grant entitled, Further Insurance Market Reform Cycle I |
500,000 |
| account | description | amount |
|---|
top of page