(305 ILCS 5/12-10.6)
Medicaid Buy-In Program Revolving Fund.
(a) The Medicaid Buy-In Program Revolving Fund is created as a special fund
in the State treasury. The Fund shall consist of cost-sharing payments made by
individuals pursuant to the Medicaid Buy-In Program established under paragraph
11 of Section 5-2 of this Code. All earnings on moneys in the Fund shall be
credited to the Fund.
(b) Moneys in the Fund shall be appropriated to the Department to pay the
costs of administering the Medicaid Buy-In Program, including payments for
medical assistance benefits provided to Program participants. The Department
shall adopt rules specifying the particular purposes for which the moneys in
the Fund may be spent.
(Source: P.A. 92-163, eff. 7-25-01; 92-651, eff. 7-11-02.)