Bill > HF5

This bill: Creates the Minnesota premium security plan, a state-based reinsurance program to be administered by the Minnesota Comprehensive Health Association. The plan is designed to stabilize or reduce premium rates, increase participation, and improve access to health care providers and services in the individual insurance market. The bill establishes payment parameters for the reinsurance program, including an attachment point, coinsurance rate, and reinsurance cap. It requires the commissioner of commerce to apply for a federal innovation waiver to implement the plan, and provides funding through transfers from the health care access fund and general fund. The bill also makes changes to the state's premium subsidy program, including clarifying eligibility and data sharing provisions, and directs the legislative auditor to conduct audits of the program. Additionally, the bill regulates access to health care provider systems for individual health plans offered in certain counties.

Budget and Finance, Business and Industry, Government Affairs

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0005&ssn=0&y=2017