HF 2238

as introduced - 87th Legislature (2011 - 2012) Posted on 02/13/2012 11:57am

A bill for an act
relating to insurance; permitting service cooperatives to provide group health
coverage to private employers; proposing coding for new law in Minnesota
Statutes, chapter 123A.

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

Section 1.

new text begin [123A.251] HEALTH COVERAGE FOR PRIVATE EMPLOYERS;
SERVICE COOPERATIVES.
new text end

new text begin A service cooperative organized under section 123A.21 may create and manage one
or more group health coverage pools for private employers. A pool may be either fully
insured or self-insured. The service cooperative must not cover public employers and
private employers in the same pool. The service cooperative and the pool must comply
with all state and federal laws that apply to the type of pool involved, including chapter
62H and section 62L.045. A pool authorized under this section must permit sale of its
products by insurance producers, as defined in section 60K.31, who are licensed to sell
health insurance in this state.
new text end

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment.
new text end