Minnesota SF333 requires the commerce commissioner to request a state innovation waiver continuation and mandates a onetime transfer of $413,000,000.

Minnesota SF333 addresses health insurance by mandating the commissioner of commerce to apply for the continuation of a state innovation waiver to implement the Minnesota premium security plan, ensuring its operation beyond the 2027 benefit year. The waiver application must be submitted by December 31, 2026, and clearly state that the plan's continuation is contingent on the waiver's approval. Additionally, the bill requires the commissioner of management and budget to transfer $413,000,000 from the general fund to the premium security plan account in fiscal year 2026, a onetime transfer.

Minnesota SF333 requires the commerce commissioner to request a state innovation waiver continuation and mandates a onetime transfer of $413,000,000.

Minnesota SF333 addresses health insurance by mandating the commissioner of commerce to apply for the continuation of a state innovation waiver to implement the Minnesota premium security plan, ensuring its operation beyond the 2027 benefit year. The waiver application must be submitted by December 31, 2026, and clearly state that the plan's continuation is contingent on the waiver's approval. Additionally, the bill requires the commissioner of management and budget to transfer $413,000,000 from the general fund to the premium security plan account in fiscal year 2026, a onetime transfer.