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Committee rejects proposal to replace reinsurance with a 20% direct premium subsidy after tied vote
Summary
Senate File 1024, which would have repealed Minnesota’s reinsurance program and replaced it with a 20% direct premium subsidy administered by MNsure, failed in Commerce committee on a 5–5 roll call after extended debate over fiscal, timing and administrative risks.
Senator Wicklund presented Senate File 1024 on March 20, 2025, proposing to repeal Minnesota’s reinsurance program and instead provide a direct 20% premium subsidy for individual‑market enrollees, administered through MNsure. After extensive testimony and member questioning, the committee voted on the motion and the roll-call resulted in a 5–5 tie; the motion failed and the bill did not pass out of committee.
Wicklund said the subsidy would mimic reinsurance’s premium‑reduction effect for people who buy individual-market plans but would target payments only to those who do not receive federal advance premium…
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