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Minnesota Legislature

Office of the Revisor of Statutes

HF 2931

as introduced - 90th Legislature (2017 - 2018) Posted on 03/21/2018 02:04pm

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

Bill Text Versions

Engrossments
Introduction Posted on 03/21/2018

Current Version - as introduced

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A bill for an act
relating to health; establishing requirements for use of net earnings of nonprofit
health maintenance organizations; amending Minnesota Statutes 2016, section
62D.12, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2016, section 62D.12, is amended by adding a subdivision
to read:


new text begin Subd. 8a. new text end

new text begin Net earnings. new text end

new text begin All net earnings of a nonprofit health maintenance organization
must be devoted to the nonprofit purposes of the health maintenance organization in providing
comprehensive health care. A nonprofit health maintenance organization must not provide
for the payment, whether directly or indirectly, of any part of its net earnings to any person
for a purpose other than providing comprehensive health care, except that the health
maintenance organization may make payments to providers or other persons based on the
efficient provision of services or as incentives to provide quality care. The commissioner
of health shall, pursuant to sections 62D.01 to 62D.30, revoke the certificate of authority
of any nonprofit health maintenance organization in violation of this subdivision.
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