This bill updates the regulations governing health maintenance organizations (HMOs) in Minnesota by amending several sections of the Minnesota Statutes. Key changes include clarifying the roles of the commissioners of commerce and health in regulating HMOs, as well as specifying that the commissioner has the authority to examine insurers and their affiliates to assess financial conditions and risks. The bill also establishes that HMOs must comply with Minnesota Rules, chapter 2720, unless the commissioner of health adopts alternative rules.

Additionally, the bill modifies the definitions and responsibilities associated with the regulation of HMOs, including the financial examination process and the liability for examination expenses. It removes certain provisions that previously defined the commissioner’s role specifically for HMOs and consolidates the regulatory framework under the relevant statutes. Overall, the bill aims to streamline and clarify the regulatory environment for HMOs in Minnesota, ensuring that they are subject to consistent oversight and compliance requirements.

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