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Marshall Islands Health Fund (Amendment) Act 2014

NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS

35^TH CONSTITUTIONAL REGULAR SESSION, 2014

BILL NO: 54

P.L. 2014-30

MARSHALL ISLANDS HEALTH FUND (AMENDMENT) ACT 2014

A BILL FOR AN ACT

to amend Title 7 of the MIRC, Chapter 2, Marshall Islands Health Fund Act, 2002 in order to make necessary adjustments to the payments made out of the Fund.

BE IT ENACTED BY THE NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS:

Section 1. Short Title.

This Act may be cited as Marshall Islands Health Fund (Amendment) Act, 2014.

Section 2. Amendments.

(1) Section 211(2) of the Marshall Islands Health Fund Act is hereby amended to read as follows:

§211. Payments out of the Health Fund.

Payments may be made out of the Health Fund only for the purposes of this Act, and in the following manner:

(1) The Health Fund shall transfer to the Health Care Revenue Fund; for the purposes of the Health Care Revenue Fund, on a quarterly basis, a sum equal to fifty-five percent (55%) of the quarterly contributions collected under Part IV of this Act.

(2) The remaining forty-five percent (45%) shall be utilized as follows:

(a) a sum equal to ten (10%) percent of the remaining forty five (45%) percent shall be transferred to the Ministry of Health Services on a quarterly basis, to support domestic medical referrals and primary health care services in the Marshall Islands;

(b) the remainder of the Fund shall be utilized for:

(i) the payment of benefits;

(ii) the repayment of any legitimate loans;

(iii) the costs and expenses of the administration of the Fund under this Act; and

(iv) for improving on-island health care.

Section 3. Effective Date

This Act shall take effect in accordance with the Constitution and the Rules of Procedures of the Nitijela

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