language to be deleted (2) new language
relating to health care; permitting health carriers to not renew certain conversion individual health plans; requiring notice to affected policyholders;
amending Minnesota Statutes 2014, section 62A.17, subdivision 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
An individual policy or contract issued as a conversion policy prior to January 1, 2014, shall be renewable at the option of the individual as long as the individual is not covered under another qualified plan as defined in section 62E.02, subdivision 4. Any revisions in the table of rate for the individual policy shall apply to the covered person's original age at entry and shall apply equally to all similar conversion policies issued by the insurer.
Presented to the governor May 22, 2016
Signed by the governor May 22, 2016, 4:57 p.m.