Purpose of the Bill

The bill aims to introduce a "MinnesotaCare public option" to increase access to affordable healthcare for Minnesota residents. This includes expanding eligibility for the MinnesotaCare program and establishing a premium scale for those who enroll in the new public option.

Main Provisions

• MinnesotaCare Public Option: The bill defines and establishes a public option under the MinnesotaCare program. This option is meant to provide a more accessible and affordable health insurance alternative to a broader range of people.
• Expanded Eligibility: Adjustments will be made to allow more individuals to qualify for MinnesotaCare, depending on their income levels and other criteria.
• Premium Scale: The bill proposes a new premium scale, which means the cost for enrollees under the public option will be adjusted based on income levels, making it more financially attainable for those with lower incomes.
• Section 1332 Waiver: The Commissioner of Commerce is required to seek a federal waiver, known as a 1332 waiver, which allows states to innovate in their approach to healthcare, potentially enabling the state to implement the public option without financial penalty or loss of federal funds.
• Appropriations: The bill includes financial appropriations to support the implementation of these changes.

Significant Changes to Existing Law

• Amendments to Minnesota Statutes: The bill proposes amendments to several Minnesota Statutes, specifically chapters 62V and 256L, which relate to healthcare regulation and the MinnesotaCare program. These changes create the framework for the public option and expand the definitions and operations of existing healthcare programs.

Relevant Terms

• MinnesotaCare public option
• Eligibility expansion
• Premium scale
• Section 1332 waiver
• Appropriations