Maine LD1443 ensures financial stability for behavioral health and housing assistance providers by continuing payments and covering expenses during.

Maine LD1443 mandates the Department of Health and Human Services to maintain payments to service providers, including behavioral health agencies and housing assistance providers, at their previous contract rates if delays in new contract awarding, finalization, or payment exceed a specified number of days. The bill also requires the department to cover administrative expenses and interest on lines of credit or loans accessed by service providers due to these delays. This legislation aims to prevent cash flow challenges that could jeopardize the providers' solvency and service availability.

Maine LD1443 ensures financial stability for behavioral health and housing assistance providers by continuing payments and covering expenses during.

Maine LD1443 mandates the Department of Health and Human Services to maintain payments to service providers, including behavioral health agencies and housing assistance providers, at their previous contract rates if delays in new contract awarding, finalization, or payment exceed a specified number of days. The bill also requires the department to cover administrative expenses and interest on lines of credit or loans accessed by service providers due to these delays. This legislation aims to prevent cash flow challenges that could jeopardize the providers' solvency and service availability.