Bill Text: MS SB2702 | 2026 | Regular Session | Introduced
Bill Title: State Insurance Innovation 1332 Waiver; authorize Commissioner of Insurance to apply.
Sponsorship: Partisan Bill (Republican 1)
Status: (Failed) 2026-02-03 - Died In Committee [SB2702 Detail]
Download: Mississippi-2026-SB2702-Introduced.html
MISSISSIPPI LEGISLATURE
2026 Regular Session
To: Insurance
By: Senator(s) Michel
Senate Bill 2702
AN ACT TO AMEND SECTION 83-9-253, MISSISSIPPI CODE OF 1972, TO ALLOW THE COMMISSIONER OF INSURANCE TO APPLY FOR A STATE 1332 INNOVATION WAIVER, AND FOR OTHER RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 83-9-253, Mississippi Code of 1972, is amended as follows:
83-9-253. The Commissioner of Insurance shall have the authority to:
(a) Establish any program, promulgate any rule, policy, guideline, or plan; or change any program, rule, policy or guideline to implement, establish, create, administer, or otherwise operate an exchange;
(b) Apply for, accept or expend federal monies related to the creation, implementation or operation of an exchange and/or State Innovation Waiver under Section 1332 of the Patient Protection and Affordable Care Act;
(c) Establish any advisory board or committee the Commissioner deems necessary for providing recommendations on the creation, implementation or operation of an exchange;
(d) Use the services
and funds of the Comprehensive Health Insurance Risk Pool Association and the
Comprehensive Health Insurance Risk Pool Board to fulfill the purposes of this
section; * * *
(e) Engage such
actuarial and other assistance as shall be necessary to carry out the duties of
the department under Sections 83-9-251 through 83-9-257. The engagement of
such services shall not be subject to the procurement provisions of Section 31-7-13 * * *; and
(f) Apply for and implement a State Innovation Waiver as provided under Section 1332 of the Patient Protection and Affordable Care Act and contingent upon federal approval.
The Commissioner of Insurance may, immediately after May 14, 2024, begin action to carry out the authority provided in this section.
SECTION 2. This act shall take effect and be in force from and after its passage.
