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SF 1496

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/26/2021 01:57pm

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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A bill for an act
 relating to health insurance; requiring disclosure of whether funds from a patient
assistance program are applied to a health plan deductible; proposing coding for
new law in Minnesota Statutes, chapter 62Q.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [62Q.524] DISCLOSURE OF APPLICATION OF FUNDS FROM A
PATIENT ASSISTANCE PROGRAM TO A DEDUCTIBLE.
 new text end

new text begin A health plan company must include in the summary of benefits and coverage a statement
indicating whether funds from a patient assistance program, as defined in section 62J.84,
subdivision 1, paragraph (h), are applied by the health plan company to an enrollee's
deductible.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2022, and applies to health
plans offered, issued, or renewed on or after that date.
 new text end