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SF 424

as introduced - 93rd Legislature (2023 - 2024) Posted on 01/20/2023 09:50am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
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1.12 1.13

A bill for an act
 relating to insurance; requiring disclosure of whether money from a patient
assistance program is applied to a health plan deductible; 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.524] DISCLOSURE OF APPLICATION OF FUNDS FROM A
PATIENT ASSISTANCE PROGRAM TO A DEDUCTIBLE.
 new text end

new text begin A health plan company must include in the summary of benefits and coverage a statement
that indicates whether the health plan company applied money from a patient assistance
program, as defined in section 62J.84, subdivision 2, paragraph (h), to an enrollee's
deductible.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective January 1, 2024, and applies to health
plans offered, issued, or renewed on or after that date.
 new text end