The bill amends Minnesota Statutes 2022, section 43A.316, subdivision 5, to modify the public employees insurance program. Key changes include extending the participation period from two years to four years, with automatic renewal for an additional four years unless the exclusive representative or employer provides notice of withdrawal at least 30 days prior to the expiration of the participation period. Additionally, the threshold for premium increases that allows for withdrawal has been reduced from 50% to 20%.

The bill also stipulates that both exclusive representatives and eligible employers must notify the commissioner of their intent to participate or withdraw from the program, with a required notice period of at least 30 days. Furthermore, participating employers must inform the commissioner of the names of individuals participating within two weeks of the notice of intent to participate. The effective date of these changes is set for the day following final enactment.

Statutes affected:
Introduction: 43A.316
1st Engrossment: 43A.316