26:2H-18.58e - Transfer of funds to Hospital Relief Fund - New Jersey Statutes

26:2H-18.58e  Transfer of funds to Hospital Relief Fund.

6. a.  The Commissioner of Health and Senior Services shall transfer to the Hospital Health Care Subsidy account, known as the Hospital Relief Fund, in the Division of Medical Assistance and Health Services in the Department of Human Services from the Health Care Subsidy Fund, $50.75 million in fiscal year  1998 and $101.5 million each fiscal year thereafter, according to a schedule to be determined by the Commissioner of Health and Senior Services in consultation with the Commissioner of Human Services.  These funds shall be distributed to eligible disproportionate share hospitals according to a methodology adopted by the Commissioner of Human Services pursuant to N.J.A.C.10:52-8.2, using hospital expenditure data for the most recent calendar year available for reimbursements from these funds.

b.In fiscal year 1998 and each fiscal year thereafter, the Governor shall recommend and the Legislature shall appropriate to the Hospital Health Care Subsidy account for distribution to disproportionate share hospitals which are eligible for reimbursement pursuant to subsection a. of this section, those federal funds received in connection with the provision of hospital reimbursements from that account.

L.1997,c.263,s.6.