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MN HF3285
Bill
Status
Introduced
3/17/2016
Primary Sponsor
Gregory Davids
Click for details
AI Summary
- Health insurers with five or fewer covered individuals outside the single risk pool may nonrenew conversion policies issued before January 1, 2014
- Insurers must notify the state commissioner 180 days before the nonrenewal effective date and provide a complete list of affected policyholders and proposed notice
- Policyholders must receive written notice at least 120 days before nonrenewal, including information on obtaining individual or family health coverage and state insurance regulator contact information
- Conversion policies issued before January 1, 2014 remain renewable at the individual's option if not covered under another qualified plan, with rate revisions applied equally to similar policies
- The amendment is effective the day after final enactment and applies to policies to be renewed on or after that date
Legislative Description
Health carriers permitted to not renew conversion individual health plans, and notice to affected policyholders required.
Last Action
HF indefinitely postponed
5/12/2016
Committee Referrals
Commerce and Regulatory Reform3/17/2016
Full Bill Text
No bill text available