This bill establishes a supplemental health insurance product specifically designed to cover short-term home health and nursing care services in Minnesota. It amends several sections of the Minnesota Statutes, including the introduction of a new section, 62A.70, which defines short-term home health and nursing care insurance and outlines its requirements. The bill specifies that this insurance must provide benefits for cognitive impairment or the inability to perform at least two activities of daily living, with coverage not exceeding 360 days. Additionally, it mandates a free-look period for policyholders and prohibits cancellation due to deterioration in health status.

The bill also includes provisions for civil penalties for insurers that violate the new regulations, and it clarifies that short-term home health and nursing care insurance does not fall under the definition of long-term care insurance. It further stipulates that this insurance must be approved by the commissioner before being offered or renewed. The amendments to existing statutes also ensure that short-term home health and nursing care insurance is not considered health or other third-party insurance for the purposes of eligibility for funding under the alternative care program.

Statutes affected:
Introduction: 62A.135, 62A.46, 72A.13, 256B.0913