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HF3797 (Legislative Session 94 (2025-2026))

Definition of partnership policy expanded for purposes of the Minnesota partnership for long-term care program.

Related bill: SF3484

AI Generated Summary

Purpose

The bill changes how a “Partnership policy” is defined for Minnesota’s Partnership for Long-Term Care program. The goal is to broaden which long-term care insurance policies count as partnership policies, making it easier for more policies to participate in the program.

Main Provisions

  • Amends Minnesota Statutes 2024 section 256B.0571, subdivision 6, to redefine “Partnership policy.”
  • A Partnership policy is now defined as:
    • A long-term care insurance policy that meets the criteria in sections 62S.23 subdivision 1 paragraph b and 62S.312, and
    • Was issued on or after July 1, 2006 or exchanged on or after July 1, 2006 under section 62S.24 subdivision 8.
  • The definition also includes a long-term care insurance policy sold prior to July 1, 2015 that has inflation protection between 1 percent and 3 percent.

Significant Changes to Existing Law

  • Expands which policies qualify as Partnership policies, by:
    • Including long-term care policies issued or exchanged after July 1, 2006 that meet the specified 62S criteria.
    • Including policies sold before July 1, 2015 that provide inflation protection of 1–3%.
  • This broadening potentially increases the number of policies that qualify for partnership-based benefits under the Minnesota Partnership for Long-Term Care program.

Implications for Stakeholders

  • Individuals with eligible long-term care policies may see more of their policies recognized as part of the partnership program.
  • Could affect eligibility for partnership program benefits and related asset protection in planning for long-term care costs.

Terminology Inclusion

  • Partnership policy
  • Long-term care insurance policy
  • Minnesota Partnership for Long-Term Care program
  • Issued on or after July 1, 2006
  • Exchanged on or after July 1, 2006
  • Section 62S.24 subdivision 8
  • Section 62S.23 subdivision 1 paragraph b
  • Section 62S.312
  • Inflation protection
  • 1 percent
  • 3 percent
  • Sold prior to July 1, 2015
  • Minnesota Statutes 2024 section 256B.0571 subdivision 6

Relevant Terms - Partnership policy - Long-term care insurance policy - Minnesota Partnership for Long-Term Care program - Issued on or after July 1, 2006 - Exchanged on or after July 1, 2006 - Inflation protection - 1 percent - 3 percent - Sold prior to July 1, 2015 - 62S.23 subdivision 1 paragraph b - 62S.312 - 62S.24 subdivision 8 - 256B.0571 subdivision 6

Bill text versions

Past committee meetings

Actions

DateChamberWhereTypeNameCommittee Name
February 26, 2026HouseActionIntroduction and first reading, referred toHuman Services Finance and Policy
March 12, 2026HouseActionCommittee report, to adopt and re-refer toCommerce Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill amends Minnesota Statutes 2024 section 256B.0571, subdivision 6, to expand the definition of partnership policy within the Minnesota Partnership for Long-Term Care program.",
      "modified": [
        "Amendment to subdivision 6 of section 256B.0571 to redefine partnership policy."
      ]
    },
    "citation": "256B.0571",
    "subdivision": "subdivision 6"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references Minnesota Statutes 62S.23, subdivision 1, paragraph b, as part of the criteria for partnership policy.",
      "modified": []
    },
    "citation": "62S.23",
    "subdivision": "subdivision 1, paragraph b"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references Minnesota Statutes 62S.312 as part of the criteria for partnership policy.",
      "modified": []
    },
    "citation": "62S.312",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill references Minnesota Statutes 62S.24, subdivision 8, in connection with partnership policy provisions.",
      "modified": []
    },
    "citation": "62S.24",
    "subdivision": "subdivision 8"
  }
]

Progress through the legislative process

17%
In Committee

Sponsors

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