An Act To Repeal the Anthem Blue Cross Court Agreement of Disbursement of $88,000,000
Maine Legislature, Session 121, LD 0779
Committee: Judiciary
Sponsors: GOODWIN
Amends: 5 MRSA §194, 24 MRSA §2301, 24 MRSA §2308

Legislative Document 
No. 779 
H.P.578 
House of Representatives, February 18,2003 
An Act To Repeal the Anthem Blue Cross Court Agreement of 
Disbursement of $88,000,000 
Reference to the Committee on Judiciary suggested and ordered printed. 
Presented by Representative GOODWIN of Pembroke. 
Cosponsored by Representative: DUG A Y of Cherryfield. 
Prinled on recycled paper 
'/rj~1I1.~ 
Mll..LICENT M. MacFARLAND 
Clerk 
Be it enacted by the People of the State of Maine as follows: 
PART A 
Sec. A·l. Assets turned over to General Fund. 
By October l, 
2003, the Maine Health Access Foundation, Inc., the charitable 
trust established upon the conversion of Blue Cross 
and Blue 
Shield of Maine pursuant to Public Law 1997, chapter 344, shall 
liquidate its assets and transfer those assets to the General 
Fund. 
Sec. A·2. Dissolution of Maine Health Access Foundation. 
Upon 
transfer of its assets to the General Fund, 
the Maine Health 
Access Foundation, Inc. shall dissolve. 
PARTB 
Sec. B·l. 5 MRSA §194.A. as amended by PL 200L c. 550, Pt. 
B, §1, is repealed. 
Sec. B~2. 5 MRSA §194~C. sub~§4. as enacted by PL 2001, 
c. 
550, Pt. A, §2, is amended to read: 
4. 
Applicability to nonprofit hospital or medical service 
organizations. 
This section, section 194-B and sections 194-D to 
194-K do not apply to a 
corporation or other entity licensed 
under Title 24, chapter 19. 
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Sec. B·3. 24 MRSA §2301. sub.§3.C, as enacted by PL 1997, c. 
344, §2, is repealed. 
Sec. B·4. 
MRSA 
replaced by PL 1997, c. 
enacted in its place: 
§2301. sub·§9·B. 1fA. 
as 
repealed 
and 
344, §3, is repealed and the following 
A. 
A corporation subject to this chapter 
may 
become 
a 
mutual insurer under a plan and procedure approved by the 
superintendent after a hearing. 
Sec. B·5. 24 MRSA §2301. sub·§9·D, as amended by PL 2001, c. 
550, Pt. B, §2, is repealed. 
Sec. B·6. 24 MRSA §2308·A. as enacted by PL 1997, c. 344, §5, 
is repealed. 
Sec. B·7. PL 1997. c. 344. §11 is repealed. 
Sec. B-8. P&SL 1939. c. 24, §3. as repealed and replaced by PL 
1997, c. 344, §9, is repealed and the following enacted in its 
place: 
Sec. 3. 
Purposes. 
The 
corporation 
is 
organized 
for 
all 
purposes and activities permitted to hospital or medical service 
organizations under the Maine Revised Statutes, Title 24, chapter 
and 
for all purposes 
and activities permitted to health 
maintenance organizations under Title 24-A, chapter 56. 
Subject 
to Title 24 
and Title 24-A, 
the corporation has all of the 
general powers of corporations under Title 13-B, section 202. 
Sec. B-9. Effective date. 
This Part takes effect October 1, 
2003. 
SUMMARY 
This bill repeals the law that allowed the conversion of the 
former 
Blue Cross and Blue Shield of Maine 
from 
a 
nonprofit 
hospital and medical service organization and public charity to a 
for-profit stock 
company. 
It also requires 
the 
approximately 
$88,000,000 in assets resulting from the conversion to be turned 
over to the General Fund by October 1, 2003.