MN SF1450

Life insurance, long-term care insurance, and disability insurance carriers are prohibited from declining coverage, limiting coverage, or discriminating in premium rates based solely on an insured's status as a living organ or bone marrow donor.

Carriers cannot use donor status to affect coverage offering, issuance, cancellation, amount of coverage, or any other insurance condition without additional actuarial risks.

The prohibition applies to insurance policies issued and renewed on or after August 1, 2021.

Amends Minnesota Statutes 2020, section 72A.20, by adding a new subdivision 41.