MN HF3101

Changes the deadline for transferring unused state premium security plan funds from the commissioner of commerce to the health care access fund from June 30, 2024 to June 30, 2025.

Requires the Minnesota Comprehensive Health Association to administer the Minnesota premium security plan through the 2023 benefit year with an attachment point of $50,000, coinsurance rate of 60 percent, and reinsurance cap of $250,000.

Directs the commissioner of commerce to apply for continuation of the state innovation waiver under 42 U.S.C. section 18052 for benefit years beginning January 1, 2023, with application deadline of February 28, 2022.

Makes all provisions effective upon federal approval of the state innovation waiver continuation, contingent on the commissioner notifying the revisor of statutes when federal approval is obtained.