The bill aims to enhance access to mental health services for children by prohibiting health plan companies from requiring co-payments for mental health services provided to individuals under the age of 18. This new provision is codified under Minnesota Statutes, chapter 62Q, specifically designated as section 62Q.474. Additionally, it stipulates that high-deductible health plans that are paired with health savings accounts must only require a co-payment at the minimum level necessary to maintain the tax-exempt status of contributions and withdrawals, as outlined in the Internal Revenue Code.

The effective date for this legislation is set for January 1, 2026, meaning that it will apply to all health plans that are offered, issued, or renewed on or after this date. This bill seeks to alleviate the financial burden on families seeking mental health services for their children, thereby promoting better mental health outcomes for minors in Minnesota.