Bill > SF4470

This bill requires the Minnesota Commissioner of Commerce to apply to the U.S. Secretary of Health and Human Services for a continuation of a "state innovation waiver," which is a special permission granted under federal law (specifically, United States Code, title 42, section 18052) to implement the "Minnesota premium security plan." This plan, established under section 62E.23 of Minnesota law, aims to maximize federal funding for health insurance benefits. The Commissioner must submit this application by December 31, 2026, to ensure the plan can continue for benefit years starting January 1, 2028, and beyond, and must reapply as needed. The bill also mandates that the Commissioner inform legislative committees overseeing health, human services, and insurance, as well as the Minnesota Comprehensive Health Association's board, about the intent to apply for the waiver and any federal decisions made on the request.