SF 407 establishes a task force to review and assess the state regulatory and oversight structure for health plan companies and other related health care entities.  The purpose of the task force is to examine the operational licenses for health plan companies and the differences in the statutory and regulatory requirements for each license, and determine whether there are ways to maximize administrative efficiency and regulatory simplification, and to streamline the regulatory process while maintaining quality, and stability.  The task force shall also review new health care delivery models and payment systems that are occurring throughout the state and determine whether there is sufficient regulatory oversight for these new delivery and payment systems to ensure geographic accessibility, quality assurance, price stability, and consumer protections.

Subdivision 1 describes the purpose of the task force.

Subdivision 2 describes the membership of the task force.

Subdivision 3 specifies that the task force will be staffed by the Commissioner of Health and gives the task force the authority to enter into contracts to provide analytic and evaluation services as needed.

Subdivision 4 describes the duties of the task force.

Subdivision 5 requires the task force to report back to the legislature on the results of their review and assessment and with any recommendations by February 15, 2016.

Subdivision 6 expires the task force after it submits a report to the legislature.