This bill amends Minnesota Statutes 2024, section 62J.26, by revising subdivision 4 and adding a new subdivision 6. The amendment specifies that the commissioner of commerce is prohibited from using state funds for certain purposes outlined in subdivisions 1 to 3. It allows the commissioner to seek and accept funding from non-state sources to cover evaluations related to mandated health benefit proposals, ensuring that such funding does not influence the evaluation process or outcomes.

The newly added subdivision 6 mandates that if an evaluation of a mandated health benefit proposal indicates a net increase in costs for the nonpublic insured population, the commissioner must provide payments to health plan companies to offset these costs for their products in various markets. Payments must be made within 60 days of receiving a statement from the health plan company, and the process for cost defrayal must comply with existing federal regulations. This section will take effect on January 1, 2026, and will apply to all mandated health benefit proposals enacted after that date.

Statutes affected:
Introduction: 62J.26