H.F. No. 1453 Summary

• Insurance companies licensed to issue disability income insurance in Minnesota may offer paid family leave insurance providing wage replacement for childbirth, adoption, foster care placement, care of family members with serious health conditions, or military service member situations.

• Benefits may be offered as a rider to disability insurance policies, separate policies, or group policies, with up to 52 consecutive calendar weeks of coverage per family leave reason using various calculation methods.

• Policies must specify benefit amounts, wage definitions, any unpaid waiting periods (which may include a once-per-year requirement), and permissible offsets for other income, with all limitations subject to commissioner approval.

• State of Minnesota is prohibited from acting as an insurer or providing coverage under this chapter; two or more employers or employer associations may jointly issue benefits under existing joint pool provisions.

• Effective date is January 1, 2024.