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MN HF3073
Bill
Status
Passed
5/21/2014
Primary Sponsor
Joe Atkins
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AI Summary
- Increases maximum weekly disability and income loss benefits from $250 to $500 per week, effective January 1, 2015
- Raises funeral and burial expense benefits from $2,000 to $5,000 maximum, effective January 1, 2015
- Increases survivors economic loss benefits maximum from $200 to $500 per week, effective January 1, 2015
- Establishes prescription drug reimbursement standards including average wholesale price (AWP) plus $4.18 dispensing fee for drugs filled outside licensed pharmacies, with preauthorization requirement for compound drugs
- Creates task force on motor vehicle insurance coverage verification to review and recommend legislation for an insurance coverage verification program, with report due February 1, 2015
- Grants immunity from liability to insurers and insurance support organizations that disclose information to prevent fraud and criminal activity
- Repeals Minnesota Statutes section 72A.327 regarding health claims appeals classification
Legislative Description
Insurance regulations modified to reduce fraud, no-fault auto benefits regulated, economic benefits modified under chapter 65B, and motor vehicle insurance coverage verification task force established.
Last Action
Secretary of State Chapter 310
5/21/2014
Committee Referrals
Finance4/25/2014
Government Operations3/27/2014
Civil Law3/26/2014
Judiciary Finance and Policy3/20/2014
Commerce and Consumer Protection Finance and Policy3/13/2014
Full Bill Text
No bill text available