SB2702 • 2026

State Insurance Innovation 1332 Waiver; authorize Commissioner of Insurance to apply.

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.

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Michel
Last action: 2026-02-03
Official status: Dead
Effective date: Passage

Plain English Breakdown

The official source material does not provide details on the specifics of advisory boards, exchanges, or procurement rules beyond mentioning their existence and authority.

State Insurance Innovation Waiver Act

This bill allows the Commissioner of Insurance to apply for a State Innovation Waiver under Section 1332 of the Patient Protection and Affordable Care Act.

What This Bill Does

Gives the Commissioner of Insurance permission to apply for a State Innovation Waiver.
Allows the Commissioner to use federal money related to creating or running an exchange.
Enables the Commissioner to establish advisory boards as needed.
Permits the Commissioner to engage actuarial and other assistance without following certain procurement rules.

Who It Names or Affects

The Commissioner of Insurance
Insurance companies in Mississippi

Terms To Know

State Innovation Waiver: A waiver that allows states to apply for permission to test new ways to provide health insurance under federal law.
Exchange: An online marketplace where people can buy health insurance plans.

Limits and Unknowns

The bill did not pass and was stopped in committee.
It is unclear how many advisory boards the Commissioner will establish or what specific changes they might make to insurance rules.

Bill History

2026-02-03 Mississippi Legislative Bill Status System
02/03 (S) Died In Committee
2026-01-19 Mississippi Legislative Bill Status System
01/19 (S) Referred To Insurance

Official Summary Text

State Insurance Innovation 1332 Waiver; authorize Commissioner of Insurance to apply.

Current Bill Text

Read the full stored bill text

S. B. No. 2702 *SS26/R616* ~ OFFICIAL ~ G1/2
26/SS26/R616
PAGE 1 (rdd\kr)

To: Insurance
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) Michel

SENATE BILL NO. 2702

AN ACT TO AMEND SECTION 83-9-253, MISSISSIPPI CODE OF 1972, 1
TO ALLOW THE COMMISSIONER OF INSURANCE TO APPLY FOR A STATE 1332 2
INNOVATION WAIVER, AND FOR OTHER RELATED PURPOSES. 3
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 4
SECTION 1. Section 83-9-253, Mississippi Code of 1972, is 5
amended as follows: 6
83-9-253. The Commissioner of Insurance shall have the 7
authority to: 8
(a) Establish any program, promulgate any rule, policy, 9
guideline, or plan; or change any program, rule, policy or 10
guideline to implement, establish, create, administer, or 11
otherwise operate an exchange; 12
(b) Apply for, accept or expend federal monies related 13
to the creation, implementation or operation of an exchange 14
and/or State Innovation Waiver under Section 1332 of the Patient 15
Protection and Affordable Care Act; 16
S. B. No. 2702 *SS26/R616* ~ OFFICIAL ~
26/SS26/R616
PAGE 2 (rdd\kr)
ST: State Insurance Innovation 1332 Waiver;
authorize Commissioner of Insurance to apply.
(c) Establish any advisory board or committee the 17
Commissioner deems necessary for providing recommendations on the 18
creation, implementation or operation of an exchange; 19
(d) Use the services and funds of the Comprehensive 20
Health Insurance Risk Pool Association and the Comprehensive 21
Health Insurance Risk Pool Board to fulfill the purposes of this 22
section; * * * 23
(e) Engage such actuarial and other assistance as shall 24
be necessary to carry out the duties of the department under 25
Sections 83-9-251 through 83-9-257. The engagement of such 26
services shall not be subject to the procurement provisions of 27
Section 31-7-13 * * *; and 28
(f) Apply for and implement a State Innovation Waiver 29
as provided under Section 1332 of the Patient Protection and 30
Affordable Care Act and contingent upon federal approval. 31
The Commissioner of Insurance may, immediately after May 14, 32
2024, begin action to carry out the authority provided in this 33
section. 34
SECTION 2. This act shall take effect and be in force from 35
and after its passage. 36