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

SB 2702 authorizes Mississippi's Commissioner of Insurance to apply for a federal 1332 Innovation Waiver under the Affordable Care Act. This bill amends state law to explicitly grant the Commissioner the authority to seek this waiver, which would allow Mississippi to modify certain Affordable Care Act requirements for its health insurance market. The key mechanism is adding a specific provision (Section 83-9-253(f)) to the insurance code, enabling the Commissioner to pursue the waiver with federal approval. The bill died in committee in 2026 and was never enacted.