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HF837 (Legislative Session 94 (2025-2026))

Commissioner of commerce required to request the continuation of a state innovation waiver, and money transferred from the general fund to the premium security plan account.

Related bill: SF333

AI Generated Summary

The legislative bill in discussion, H.F. No., is aimed at the maintenance and financial backing of health insurance mechanisms in Minnesota. Specifically, the bill proposes two main actions:

  1. State Innovation Waiver Continuation: It requires the Commissioner of Commerce to apply for the continuation of a state innovation waiver under federal guidelines. This waiver is important for the continuation of the Minnesota premium security plan, which aims to stabilize health insurance premiums. The application for this extension must be submitted by December 31, 2026, and is crucial for the plan’s operation beyond the 2027 benefit year.

  2. Financial Transfer: The bill mandates a significant financial movement wherein $413,000,000 will be transferred from the general fund to the premium security plan account in 2026. This is designated as a one-time transfer with the purpose of ensuring adequate funding for the premium security plan outlined in Minnesota Statutes.

These actions are outlined to support the sustainability and effectiveness of health insurance frameworks in Minnesota, particularly focusing on the stability of health insurance premiums through the premium security plan.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 16, 2025HouseFloorActionIntroduction and first reading, referred toCommerce Finance and Policy
March 09, 2025HouseFloorActionCommittee report, to adopt as amended and re-refer toHealth Finance and Policy
March 16, 2025HouseFloorActionAuthor added
March 19, 2025HouseFloorActionCommittee report, to adopt and re-refer toWays and Means
March 19, 2025HouseFloorActionAuthor stricken

Citations

 
[
  {
    "analysis": {
      "added": [
        "References a state innovation waiver related to the implementation."
      ],
      "removed": [],
      "summary": "The bill mentions the implementation of the Minnesota premium security plan under section 62E.23.",
      "modified": [
        "Outlines conditions for continued operation contingent on federal approval."
      ]
    },
    "citation": "62E.23"
  },
  {
    "analysis": {
      "added": [
        "Details a one-time transfer of $413,000,000 from the general fund."
      ],
      "removed": [],
      "summary": "This section is referenced in connection with the transfer of funds to the premium security plan account.",
      "modified": []
    },
    "citation": "62E.25"
  },
  {
    "analysis": {
      "added": [
        "Application for waiver renewal related to healthcare plans."
      ],
      "removed": [],
      "summary": "The bill requires an application under federal law 42 U.S.C. § 18052 for the continuation of a waiver.",
      "modified": []
    },
    "citation": "42 U.S.C. § 18052"
  }
]

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