Insurance companies required to accept an individual taxpayer identification number on insurance coverage applications.

This bill requires insurance companies in Minnesota to accept an individual taxpayer identification number instead of a Social Security number when processing new coverage applications. The law mandates that insurers must explicitly state on their application forms that they accept these alternative numbers if they ask for identification. This change takes effect on January 1, 2026, and applies to any insurance policies offered, issued, or renewed on or after that date. The primary impact is on consumers who may prefer or need to use an individual taxpayer identification number rather than a Social Security number for their insurance records.