Subdivision 1. Popular name.
may be cited as the Minnesota
Small Employer Health Benefit Act.
Subd. 2. Jurisdiction.
apply to any health carrier that offers,
issues, delivers, or renews a health benefit plan to a small employer.
Subd. 3. Legislative findings and purpose.
The legislature finds that underwriting and rating
practices in the individual and small employer markets for health coverage create substantial
hardship and unfairness, create unnecessary administrative costs, and adversely affect the health
of residents of this state. The legislature finds that the premium restrictions provided by this
chapter reduce but do not eliminate these harmful effects. Accordingly, the legislature declares
its desire to phase out the remaining rating bands as quickly as possible, with the end result of
eliminating all rating practices based on risk by July 1, 1997.
History: 1992 c 549 art 2 s 1; 1994 c 625 art 10 s 50