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MN HF2824

MN HF2824
Health carrier authorized to offer reference-based pricing health plan in individual and small group markets.


summary

Introduced
04/05/2019
In Committee
04/05/2019
Crossed Over
Passed
Dead
05/17/2020

Introduced Session

91st Legislature 2019-2020

Bill Summary

Health carrier authorized to offer reference-based pricing health plan in individual and small group markets.

AI Summary

This bill authorizes health carriers in Minnesota to offer reference-based pricing health plans in the individual and small group markets. Reference-based pricing means that the reimbursement rates for providers who agree to participate in the plan are based on a percentage of the Medicare reimbursement rates. The bill outlines the requirements for provider participation, reimbursement rates, and plan conditions. It also exempts plans that meet certain criteria from geographic and network adequacy requirements. The goal of this legislation is to provide more affordable health plan options for individuals and small businesses in Minnesota.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduction and first reading, referred to Commerce (on 04/05/2019)

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