Committee approves amendment and lays over bill to preserve Minnesota’s reinsurance authority The committee approved an A1 amendment to House File 33‑88, which seeks to continue and preserve the state reinsurance program and its funding authority (assessment/credit model). Witnesses said reinsurance substantially lowered individual‑market premiums; the committee laid HF 33‑88, as amended, over for possible omnibus inclusion.

Minnesota's reinsurance program is at a critical crossroads, with potential premium spikes looming if vital funding isn't preserved.

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