MN SF3267

Requires all individual health plans offered to Minnesota residents to be issued on a guaranteed issue basis with guaranteed renewal at rates that do not consider claims experience or health status changes after initial issuance.

Permits health carriers to cede risk to the Minnesota Comprehensive Health Association (MCHA) for individual health plans issued under specified provisions.

Closes enrollment in the MCHA comprehensive health insurance plan effective January 1, 2011, prohibiting any new enrollments after that date.

Removes the prior exemption that allowed health carriers to refuse initial issuance of individual health plans, thereby mandating guaranteed issue in the individual market.

Takes effect January 1, 2011.