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Capital IconMinnesota Legislature

Legislative Session number- 84

Bill Name: HF2500

HF 2500

SECOND ENGROSSMENT

Individual health insurance policy forms filing and
use regulated, minimum loss ratio guarantee established, rates and coverages
regulated, various cost disclosures required, and service cooperatives
authorized to provide certain coverages.

Section 1: Individual health
insurance policy forms filing and use regulated to establishe a minimum loss
ratio guarantee, and rates regulated.
Sec. 2: Loss ratio standards
modified.
Sec. 3: Premium rate restrictions modified.
Sec. 4: Community-based
health care coverage program modified.
Sec. 5: Provider cost disclosure
modified.
Sec. 6: Estimated payment disclosure modified.
Sec. 7: Hospital
pricing transparency act provided.
Sec. 8: Minimum participation
clarified.
Sec. 9: Geographic premium variations modified.
Sec. 10: Exceptions
specified.
Sec. 11: Educational programs and services modified.
Sec. 12:
Health coverage pool comparison shopping regulations established.
Sec. 13:
Legislative report requirements expanded.

AME
5/1/06