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MN HF3035

MN HF3035
Health insurance; prohibition on for-profit entities participating in certain markets eliminated.


summary

Introduced
04/02/2025
In Committee
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)

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