This bill establishes a supplemental health insurance product specifically for short-term home health and nursing care in Minnesota. It amends several sections of the Minnesota Statutes, including the addition 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 without substantial assistance, and it cannot exceed coverage for 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. Furthermore, it amends existing statutes to ensure that short-term home health and nursing care insurance is not considered health or other third-party insurance for eligibility under the alternative care program. This comprehensive approach aims to enhance the availability and clarity of supplemental health insurance options for individuals requiring short-term care services.

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