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Bill > HF3035
MN HF3035
MN HF3035Health insurance; prohibition on for-profit entities participating in certain markets eliminated.
summary
Introduced
04/02/2025
04/02/2025
In Committee
04/02/2025
04/02/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to health insurance; eliminating prohibition on for-profit entities participating in certain markets; amending Minnesota Statutes 2024, section 62D.04, subdivision 5; repealing Minnesota Statutes 2024, section 43A.24, subdivision 4.
AI Summary
This bill eliminates restrictions on for-profit entities participating in certain health insurance markets in Minnesota. Specifically, the bill removes language that previously limited health maintenance organizations (HMOs) to only nonprofit corporations or local governmental units when participating in government programs like medical assistance and MinnesotaCare. The legislation modifies existing statutes to allow for-profit HMOs to provide services in these programs, effectively opening up these markets to a broader range of health insurance providers. The bill requires HMOs to continue submitting good faith proposals to serve eligible individuals in geographic regions where their enrollment percentage is proportionally lower. The changes will take effect the day following final enactment, and the bill repeals a previous statute (section 43A.24, subdivision 4) that specifically prohibited for-profit HMOs from providing state-paid health benefits. This change could potentially increase competition and provider options in Minnesota's health insurance market for government-sponsored programs.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduction and first reading, referred to Commerce Finance and Policy (on 04/02/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF3035&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=HF3035&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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