SF2956 - Minnesota - Health benefits purchasing pool association

Establishing and providing for a voluntary statewide pool to provide public and private employers and individuals with health benefits, defining terms; creating the Minnesota health benefits purchasing pool association as a nonprofit unincorporated association to establish and administer the state health benefits purchasing pool; providing for a tax exemption; prescribing powers; providing for commissioner of commerce review and approval for forms, contracts and premiums; requiring the association to establish a board of directors and providing for board appointment, terms and duties; requiring annual meetings; requiring the board to hire an administrator and prescribing duties; specifying employer, employee and individual pool eligibility; providing for other pool eligibility, coverage, premiums and initial board appointment; requiring the association to maintain certain reserves; appropriating money to the Minnesota

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