MA S917

Doubles the annual transfer from the Marijuana Regulation Fund to the Health Safety Net Trust Fund from $30,000,000 to $60,000,000

Creates a new "supplemental shortfall assessment" on non-Medicaid managed care organizations equal to 50% of any annual revenue shortfall in the Health Safety Net Trust Fund

Requires the executive office to estimate projected shortfalls by April 1 each year and allocate 50% of any shortfall to non-Medicaid managed care organizations on a monthly basis

Allocates the remaining 50% of any shortfall to hospitals based on each hospital's proportional financial requirement for reimbursements from the fund

Directs the Secretary of Health and Human Services to promulgate regulations establishing assessment rates, reporting requirements, enforcement mechanisms, and procedures for mergers, ownership transfers, and refunds of overpayments