Minnesota § 60A.236 STOP LOSS REGULATION; SMALL EMPLOYER COVERAGE

Minnesota Statutes

§ 60A.236 — STOP LOSS REGULATION; SMALL EMPLOYER COVERAGE

Minnesota § 60A.236

PartINSURANCE

Ch. 60AGENERAL INSURANCE POWERS

This text of Minnesota § 60A.236 (STOP LOSS REGULATION; SMALL EMPLOYER COVERAGE) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 60A.236 (2026).

Text

A contract providing stop loss coverage, issued or renewed to a small employer, as defined in section62L.02, subdivision 26, or to a plan sponsored by a small employer, must include a claim settlement period no less favorable to the small employer or plan than the following:

(1)claims incurred during the contract period; and

(2)paid by the plan during the contract period or within three months after expiration of the contract period.

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A contract providing stop loss coverage, issued or renewed to a small employer, as defined in section62L.02, subdivision 26, or to a plan sponsored by a small employer, must include a claim settlement period no less favorable to the small employer or plan than the following:
(1) claims incurred during the contract period; and
(2) paid by the plan during the contract period or within three months after expiration of the contract period.