2005 Idaho Code - 57-813 — CATASTROPHIC HEALTH CARE COST ACCOUNT

                                  TITLE  57
                           PUBLIC FUNDS IN GENERAL
                                  CHAPTER 8
                           FUNDS CONSOLIDATION ACT
    57-813.  CATASTROPHIC HEALTH CARE COST ACCOUNT. (1) There is hereby
created in the state treasury an account to be designated the "Catastrophic
Health Care Cost Account." The account shall be used solely for payment of
insurance premiums, payment of eligible claims beyond the ten thousand dollar
($10,000) county deductible or payment of the expenses of administering the
catastrophic health care cost account.
    (2)  The administrator of the catastrophic health care cost program may
retain counsel.
    (3)  All moneys placed in the account are hereby perpetually appropriated
to the administrator of the catastrophic health care cost program for purposes
of this program. All expenditures from the account shall be paid out in
warrants drawn by the state controller upon presentation of proper vouchers
from the administrator. Pending use, surplus moneys in the account shall be
invested by the state treasurer in the same manner as prescribed in section
67-1210, Idaho Code, with respect to surplus or idle moneys in the state
treasury. Interest earned on the investments shall be returned to the account.