Subdivision 1. Popular name. Sections 62L.01 to 62L.22 may be cited as the "Minnesota Small Employer Health Benefit Act."
Subd. 2. Jurisdiction. Sections 62L.01 to 62L.22 apply to any health carrier that offers, issues, delivers, or renews a health benefit plan to a small employer.
Subd. 3. Legislative findings and purpose. The legislature finds that underwriting and rating practices in the individual and small employer markets for health coverage create substantial hardship and unfairness, create unnecessary administrative costs, and adversely affect the health of residents of this state. The legislature finds that the premium restrictions provided by this chapter reduce but do not eliminate these harmful effects. Accordingly, the legislature declares its desire to phase out the remaining rating bands as quickly as possible, with the end result of eliminating all rating practices based on risk by July 1, 1997.
1992 c 549 art 2 s 1; 1994 c 625 art 10 s 50
Structure Minnesota Statutes
Chapters 59A - 79A — Insurance
Chapter 62L — Small Employer Insurance Reform
Section 62L.03 — Availability Of Coverage.
Section 62L.04 — Compliance Requirements.
Section 62L.045 — Associations.
Section 62L.05 — Small Employer Plan Benefits.
Section 62L.06 — Disclosure Of Underwriting Rating Practices.
Section 62L.07 — Small Employer Requirements.
Section 62L.08 — Restrictions Relating To Premium Rates.
Section 62L.09 — Cessation Of Small Employer Business.
Section 62L.10 — Supervision By Commissioner.
Section 62L.11 — Penalties And Enforcement.
Section 62L.12 — Prohibited Practices.
Section 62L.13 — Reinsurance Association.
Section 62L.14 — Board Of Directors.
Section 62L.16 — Administration Of Association.
Section 62L.17 — Participation In Reinsurance Association.
Section 62L.18 — Ceding Of Risk.
Section 62L.19 — Allowed Reinsurance Benefits.
Section 62L.20 — Transfer Of Risk.
Section 62L.21 — Reinsurance Premiums.
Section 62L.23 — Suspension Of Reinsurance Operations; Reactivation.