The proposed bill establishes the MinnesotaCare public option, which expands eligibility for the program and introduces a premium scale for enrollees. It requires the commissioner of commerce to seek a section 1332 waiver from the federal government and allocates funds for the implementation of the public option. Key amendments to Minnesota Statutes include new definitions for "MinnesotaCare public option" and "public option enrollee," effective January 1, 2027, or upon federal approval. The bill enhances the role of MNsure in promoting the public option, facilitating enrollment, and integrating public health care programs, while also establishing certification requirements for insurance producers assisting with enrollments.

The legislation allows individuals and families with incomes above current eligibility limits to enroll in the public option, provided they meet other MinnesotaCare requirements. It mandates that MNsure create an application process on its website, ensuring individuals can compare coverage options and access clear information about the public option. The bill outlines specific enrollment limits based on household income levels, with no annual deductible for those earning up to 400% of the federal poverty guidelines. Additionally, it authorizes the commissioner of commerce to submit a section 1332 waiver to maintain federal Medicaid payments and secure funding equivalent to premium tax credits for certain enrollees, with various provisions set to take effect on January 1, 2027, contingent upon federal approval.

Statutes affected:
Introduction: 62V.02, 62V.03, 62V.05, 62V.051, 62V.06, 256L.01, 256L.04, 256L.07, 256L.12, 290.0122
1st Engrossment: 62V.02, 62V.03, 62V.05, 62V.051, 62V.06, 256L.01, 256L.04, 256L.07, 256L.12