Bill > SF3555

This bill establishes a Family Medical Account (FMA) service delivery model for Medical Assistance enrollees in Minnesota, requiring new and reenrolling individuals who meet specific income and eligibility criteria to participate starting January 1, 2027, unless they are 65 or older, have a disability, or are part of a federal waiver program. Under this model, enrollees will have a yearly contribution amount deposited monthly into an FMA debit account, which they can use with an FMA debit card to pay for medical care service fees, with unspent funds transferred to an FMA investment account at year-end. Certain services, like preventive care, specific prescription drugs, and inpatient hospital care, are covered separately and not subject to the yearly contribution amount. The bill also outlines requirements for enrollment counseling, ongoing education for enrollees on healthcare costs and responsibility, and the commissioner's duties in contracting with third-party administrators, financial institutions, and healthcare providers, as well as reporting on the model's progress.

Health and Social Services

https://www.revisor.mn.gov/bills/94/2026/0/SF/3555/