Bill > HF837

This bill requires the Commissioner of Commerce to apply for a continuation of a state innovation waiver for the Minnesota premium security plan, which is a health insurance program designed to help stabilize insurance markets. Specifically, the commissioner must submit an application by December 31, 2026, to the U.S. Department of Health and Human Services under Section 18052 of Title 42, seeking to extend the waiver for benefit years beginning January 1, 2028. The application must clearly state that the continuation of the premium security plan after 2027 depends on waiver approval. Additionally, the bill mandates that the Commissioner of Management and Budget transfer $504,801,000 from the general fund to the premium security plan account in fiscal year 2026, which is described as a one-time transfer. This legislation aims to ensure ongoing federal funding and financial support for the state's health insurance stabilization efforts.

Budget and Finance, Business and Industry, Health and Social Services

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0837&ssn=0&y=2025