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MN HF2506
Bill
Status
3/17/2025
Primary Sponsor
Robert Bierman
Click for details
AI Summary
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MNsure board must establish a premium subsidy program beginning January 1, 2026, providing eligible individuals a 20% subsidy on monthly gross premiums for individual health plans
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Eligible individuals are Minnesota residents who purchase individual health plans, do not receive federal advance premium tax credits, and are not enrolled in Medical Assistance or MinnesotaCare
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Minnesota Premium Security Plan (state reinsurance program) sunsets with final reinsurance payments for claims incurred through December 31, 2025, and statutes repealed effective August 16, 2026
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Health carriers must apply premium subsidies directly to enrollee bills and submit invoices to MNsure for reimbursement; MNsure must finalize reimbursement forms by November 1, 2025
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Appropriates an unspecified amount from the general fund in fiscal year 2026 to MNsure for premium assistance, with unexpended funds carrying over to fiscal year 2027
Legislative Description
Premium subsidy program administered by MNsure established, sunset for Minnesota premium security plan provided, and money appropriated.
Last Action
Introduction and first reading, referred to Commerce Finance and Policy
3/17/2025