A decade ago, Maine contracted an outside vendor to manage its liquor sales and keep a portion of the revenue. A proposal offered by Democratic Senate Leader Seth Goodall would renegotiate the contract to require the liquor vendor to pay $181 million of the debt, which would likely mean the state would lose out on an estimated $32 million in liquor revenue over the next decade in the newly negotiated contract.
A competing proposal by Republican Gov. Paul LePage would authorize the state to issue revenue bonds to pay its hospital bills, allowing it to borrow money cheaper and retain an estimated total of about $384.8 million over the next decade, according to the report.
More Articles on Maine and Medicaid:
17 Recent Medicare, Medicaid Issues — RACs, Fraud & More
Maine Medical Center Sues HHS Over Allegedly Unpaid Claims
Maine Governor Asks HHS for 10 Years Full Medicaid Expansion Funding
