SF 1402 is a Minnesota Senate bill that makes several changes to the state's medical assistance (Medicaid) program and health insurance policies. Key provisions include:

1. Medical Assistance Rate Adjustments:

   • Increases rates for physician and professional services.
   • Establishes a minimum reimbursement rate for obstetric and gynecologic services at 100% of the Medicare Physician Fee Schedule.
   • Increases reimbursement rates for inpatient behavioral health services in hospitals.
   • Implements a statewide reimbursement rate for behavioral health home services, with an annual adjustment based on economic indicators.

2. Payment and Reimbursement Changes:

   • Requires periodic rebasing of hospital inpatient payment rates to reflect current costs.
   • Adjusts capitation payments to managed care plans and county-based purchasing plans to reflect rate increases.
   • Ensures these increased payments are used by managed care organizations to fairly compensate providers.

3. Health Plan Assessment:

   • Imposes an assessment on health plan companies to generate nonfederal funds to support the state's medical assistance program.

4. Federal Waivers:

   • Authorizes the Commissioner of Human Services to seek federal waivers to implement these changes.

5. Repeal of a Statute:

   • Repeals an existing statutory provision (Minnesota Statutes 256B.0625, subdivision 38).

The bill is intended to improve funding for healthcare providers, enhance access to critical Medicaid services, and ensure financial stability in the state's healthcare system. Most provisions take effect in 2026 or later, pending federal approval where required.