Legislative Session number- 85

Bill Name: SF2747

2E Providing for the release of school employee insurance board claims data;
creating a Minnesota school employee insurance pool for purpose of providing
school employee insurance plans; requiring audit by the legislative auditor and
commissioner of commerce plan approval; creating the Minnesota school employee
insurance board as a nonprofit public corporation to govern the pool, specifying
certain membership requirements and certain duties of the board relating to the
design and nature of the plans; requiring and providing for board membership in
and assessments to the Minnesota comprehensive health association (MCHA);
requiring the board to report to the legislature and to commissioner of commerce
by a certain date on pool final design, governance and to periodically report
performance; requiring a pool actuarial study; clarifying that the board is a
government entity and is subject to data practices laws; providing statutory
conforming amendments; specifying MCHA loss allocation formula against the pool;
imposing insurances taxes on the pool; requiring the commissioner of revenue to
certify revenue percentages collected from the pool, deposit and appropriation
requirement; requiring first board meeting initiation by the commissioner of
commerce; appropriating money to commissioner of commerce for pool start up
costs and requiring repayment
(ra)