The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
001
:
MEDICAID
(Cite as: 33 V.S.A. § 1901e)
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§ 1901e. Global Commitment Fund
(a) The Global Commitment Fund is created in the Treasury as a special fund. The Fund
shall consist of the revenues received by the Treasurer as payment of the actuarially
certified premium from the Agency of Human Services to the managed care organization
within the Department of Vermont Health Access for the purpose of providing services
under the Global Commitment to Health waiver approved by the Centers for Medicare
and Medicaid Services under Section 1115 of the Social Security Act.
(b) The monies in the Fund shall be disbursed as allowed by appropriation of the General
Assembly, and shall be disbursed by the Treasurer on warrants issued by the Commissioner
of Finance and Management, when authorized by the Commissioner of Vermont Health Access
and approved by the Commissioner of Finance and Management consistent with the interdepartmental
agreements between the managed care organization within the Department of Vermont
Health Access and departments delivering eligible services under the waiver. The Department
of Vermont Health Access shall not modify an appropriation through an interdepartmental
agreement or any other mechanism. A department or agency authorized to spend monies
from this Fund under an interdepartmental agreement may spend monies appropriated
as a base Medicaid expense for an allowable managed care organization investment under
the terms and conditions of the Global Commitment to Health Medicaid Section 1115
waiver only after receiving approval from the Agency of Human Services.
(c) Annually, on or before October 1, the Agency shall provide a detailed report to the
Joint Fiscal Committee that describes the managed care organization’s investments
under the terms and conditions of the Global Commitment to Health Medicaid Section
1115 waiver, including the amount of the investment and the agency or departments
authorized to make the investment. (Added 2005, No. 93 (Adj. Sess.), § 16c, eff. Oct. 1, 2005; amended 2005, No. 215 (Adj. Sess.), § 307, eff. May 31, 2006; 2009, No. 156 (Adj. Sess.), § I.46; 2013, No. 131 (Adj. Sess.), § 40, eff. May 20, 2014; 2015, No. 172 (Adj. Sess.), § E.306.5; 2021, No. 20, § 299.)