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HF 2345

1st Engrossment - 87th Legislature (2011 - 2012) Posted on 04/17/2012 06:35pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - 1st Engrossment

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A bill for an act
relating to insurance; permitting sale to Minnesota residents of health plans
permitted under Minnesota law but not under federal law; 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.026] CERTAIN FEDERALLY NONQUALIFIED HEALTH
PLANS; SALE PERMITTED.
new text end

new text begin Subdivision 1. new text end

new text begin Definitions. new text end

new text begin (a) For purposes of this section, the terms defined
in this section have the meanings given.
new text end

new text begin (b) "Commissioner" means the commissioner of commerce.
new text end

new text begin (c) "Health plan" has the meaning given in section 62Q.01, subdivision 3.
new text end

new text begin (d) "Health plan company" has the meaning given in section 62Q.01, subdivision 4.
new text end

new text begin (e) "Nonqualified health plan" means any health plan not certified by the federal
secretary of health and human services in accordance with the Patient Protection and
Affordable Care Act of 2010, as amended.
new text end

new text begin (f) "Qualified health plan" means a health plan certified by the federal secretary of
health and human services for eligibility to be sold inside health benefit exchanges in
accordance with the Patient Protection and Affordable Care Act of 2010, as amended.
new text end

new text begin Subd. 2. new text end

new text begin Sale of nonqualified health plan permitted. new text end

new text begin A health plan company
authorized under Minnesota law to offer, issue, sell, or renew a health plan in Minnesota
may do so regardless of whether the health plan is a qualified or nonqualified health plan
under the federal Patient Protection and Affordable Care Act of 2010, as amended. No
statute or rule of this state shall be interpreted as providing to the contrary.
new text end

new text begin Subd. 3. new text end

new text begin Limitation. new text end

new text begin This section must not be used to authorize, establish, or
operate a health insurance exchange.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end