Commissioner of commerce required to submit a Minnesota premium security plan continuation waiver.

This bill requires the Minnesota Commissioner of Commerce to apply for a federal waiver to continue the state's premium security plan for health insurance, which allows the state to implement specific health coverage rules. The commissioner must submit this application to the U.S. Department of Health and Human Services by December 31, 2026, to ensure the plan can operate beyond 2027 and maximize federal funding. The bill also mandates that the commissioner notify key legislative committee leaders and the Minnesota Comprehensive Health Association about the waiver application and any federal decisions. This legislation focuses on administrative requirements to maintain an existing health insurance program rather than changing how the program functions.