MN HF3734

Defines "very high deductible health plan" (VHDHP) as a high deductible plan with annual maximum out-of-pocket expenses exceeding $3,000 for individual coverage or $6,000 for family coverage.

Requires health plan companies issuing VHDHPs to pay emergency room and ambulance charges directly to providers within 15 days of receiving notice that the enrollee has not paid within 30 days of treatment, when the enrollee has not yet met their annual deductible.

Health plan companies may seek reimbursement from enrollees for these payments but must follow the same collection restrictions that would apply to health care providers, and cannot cancel, suspend, or reduce coverage as a collection method or penalty.

Extends these payment requirements to third-party entities that administer insurance plans involving VHDHPs, while the health plan company retains ultimate compliance responsibility.

Effective August 1, 2026, applying to VHDHPs offered, issued, sold, or renewed on or after that date.