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Subsidy to replace reinsurance fails in committee on 5–5 roll call after extended debate

2717228 · March 20, 2025
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Summary

Senate File 1024, proposing a 20% direct premium subsidy to replace the state's reinsurance program, was debated at length and failed on a tie roll call in the Commerce Committee.

Senate File 1024, introduced March 20, 2025, would have repealed Minnesota’s reinsurance program and established a direct 20% premium subsidy for individual‑market enrollees who do not receive advanced premium tax credits (APTCs). After extended testimony from the bill author, industry representatives and MNsure and Department of Commerce witnesses, the Commerce Committee voted on the motion to advance the bill and the motion failed on a 5–5 roll call.

Senator Wicklund, the bill’s author, said the subsidy is designed to replicate…

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