LD2198

Maine LD2198 would limit the debt-to-equity ratio in transactions involving health care entities to no more than 50%.

Maine LD2198 implements a recommendation from a commission to regulate the debt-to-equity ratio in transactions involving health care entities. The bill defines "health care entity" to include health care providers, facilities, and provider organizations. It prohibits any transaction where the debt-to-equity ratio exceeds 50%. The bill aims to ensure financial stability in health care entities, affecting health care providers, facilities, and organizations contracting with carriers for health care services.