Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
62L.081 PHASE-IN.
Subdivision 1. Compliance. No health carrier, as defined in section 62L.02, shall renew any
health benefit plan, as defined in section 62L.02, except in compliance with this section.
Subd. 2. Premium adjustments. (a) Any increase or decrease in premiums by a health
carrier that is caused by section 62L.08, and that is greater than 30 percent, is subject to this
subdivision. A health carrier shall determine renewal premiums only as follows:
(1) one-half of that premium increase or decrease may be charged upon the first renewal
of the coverage on or after July 1, 1993; and
(2) the remaining one-half of that premium increase or decrease may be charged upon the
renewal of the coverage one year after the date of the renewal under clause (1).
(b) For purposes of this subdivision, the premium increase or decrease is the total premium
increase or decrease caused by section 62L.08 and not just the portion that exceeds 30 percent.
This subdivision does not apply to any portion of a premium increase or decrease that is not
caused by section 62L.08.
History: 1993 c 345 art 7 s 15
Subdivision 1. Compliance. No health carrier, as defined in section 62L.02, shall renew any
health benefit plan, as defined in section 62L.02, except in compliance with this section.
Subd. 2. Premium adjustments. (a) Any increase or decrease in premiums by a health
carrier that is caused by section 62L.08, and that is greater than 30 percent, is subject to this
subdivision. A health carrier shall determine renewal premiums only as follows:
(1) one-half of that premium increase or decrease may be charged upon the first renewal
of the coverage on or after July 1, 1993; and
(2) the remaining one-half of that premium increase or decrease may be charged upon the
renewal of the coverage one year after the date of the renewal under clause (1).
(b) For purposes of this subdivision, the premium increase or decrease is the total premium
increase or decrease caused by section 62L.08 and not just the portion that exceeds 30 percent.
This subdivision does not apply to any portion of a premium increase or decrease that is not
caused by section 62L.08.
History: 1993 c 345 art 7 s 15
Official Publication of the State of Minnesota
Revisor of Statutes