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Bill > HB605


MS HB605

MS HB605
Commissioner of Insurance; require to establish a state health insurance exchange.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
02/12/2026
Passed
Dead

Introduced Session

Potential new amendment
2026 Regular Session

Bill Summary

An Act To Amend Section 83-9-253, Mississippi Code Of 1972, To Require The Commissioner Of Insurance To Establish And Implement A State Health Insurance Exchange; To Bring Forward Sections 83-9-251, 83-9-255 And 83-9-257, Mississippi Code Of 1972, Which Provide For Certain Definitions And Additional Authority Related To A State Health Insurance Exchange, For The Purpose Of Possible Amendment; To Amend Section 83-9-214, Mississippi Code Of 1972, To Provide That Any Funds Held By The Comprehensive Health Insurance Risk Pool Association On June 30, 2026, Shall Be Transferred To The Mississippi Health Insurance State Exchange Trust Fund; To Bring Forward Sections 83-9-201, 83-9-203, 83-9-205, 83-9-207, 83-9-209, 83-9-211, 83-9-211.1, 83-9-212, 83-9-213, 83-9-215, 83-9-217, 83-9-219, 83-9-221 And 83-9-222, Mississippi Code Of 1972, Which Establish The Comprehensive Health Insurance Risk Pool Association And Provide For Its Duties And Responsibilities, For The Purpose Of Possible Amendment; And For Related Purposes.

AI Summary

This bill mandates that the Mississippi Commissioner of Insurance shall establish and implement a state health insurance exchange, which is a marketplace for individuals and small businesses to purchase health insurance, often in accordance with federal laws like the Patient Protection and Affordable Care Act. The bill also brings forward existing sections of Mississippi law that define terms related to health insurance exchanges and outline the authority of the Commissioner of Insurance, including the ability to create programs, accept federal funds, and establish advisory boards. Furthermore, it specifies that any funds held by the Comprehensive Health Insurance Risk Pool Association, a mechanism designed to provide health insurance to those who cannot obtain it elsewhere, as of June 30, 2026, will be transferred to a newly established Mississippi Health Insurance State Exchange Trust Fund, which will be used to cover the expenses of creating, implementing, and operating the state health insurance exchange. The bill also includes provisions for bringing forward existing laws that establish the Comprehensive Health Insurance Risk Pool Association and detail its duties and responsibilities, ensuring continuity of operations and definitions while transitioning to the new exchange.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Transmitted To Senate (on 02/16/2026)

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