The Minnesota State Legislature has introduced Senate Bill 2441, aimed at reforming the claims payment process for healthcare providers. Introduced on March 13, 2025, the bill seeks to ensure timely payments for clean claims submitted to health plan companies and third-party administrators.

The primary provision of the bill mandates that all health plan companies and third-party administrators must pay or deny clean claims within 30 calendar days of receipt. This measure is designed to address ongoing concerns regarding delays in claims processing, which can significantly impact healthcare providers' cash flow and operational stability.

Key features of the bill include requirements for health plan companies to provide status updates on claims upon request and to pay interest on claims that are not settled within the specified timeframe. The interest rate is set at 1.5 percent per month, ensuring that providers are compensated for delays. Additionally, the bill stipulates that interest payments must be itemized separately from other payments and made to providers at least quarterly.

The introduction of Senate Bill 2441 has sparked discussions among stakeholders in the healthcare sector. Proponents argue that the bill will enhance financial predictability for providers and improve the overall efficiency of the claims process. However, some health plan companies have expressed concerns about the potential administrative burden and increased costs associated with the new requirements.

The implications of this legislation could be significant, as timely claims processing is crucial for maintaining the financial health of healthcare providers. Experts suggest that if passed, the bill could lead to improved relationships between providers and insurers, ultimately benefiting patients through more stable healthcare services.

As the bill progresses through the legislative process, it will be closely monitored for any amendments or changes that may arise from ongoing debates. The outcome of Senate Bill 2441 could set a precedent for claims processing standards in Minnesota and potentially influence similar legislative efforts in other states.