The bill updates regulations concerning health maintenance organizations (HMOs) in Minnesota by amending several sections of the Minnesota Statutes. Key changes include the clarification that the "commissioner" refers to both the commissioner of commerce and the commissioner of health, depending on the context of regulation. Additionally, the bill empowers the commissioner of health to adopt rules specifically for HMOs, ensuring they comply with relevant provisions while also allowing for tailored regulations as necessary.

Notable insertions in the bill include the addition of the commissioner of health's authority to adopt rules related to HMOs and the specification that the commissioner of commerce will oversee general insurance regulations. The bill also modifies the language regarding the financial examination of insurers, emphasizing the need to assess the financial condition of insurers and their affiliates. Furthermore, it updates the sections applicable to HMOs, removing certain references while ensuring compliance with existing insurance provisions.

Statutes affected:
Introduction: 13.7191, 60D.15, 60D.21, 60D.23, 62D.221