Minnesota premium security plan continuation waiver submission by the commissioner of commerce requirement provision

This bill requires the Minnesota Commissioner of Commerce to apply for a federal waiver to continue the state's premium security plan, which allows the state to collect additional funds from health insurance premiums to support the state's health insurance program. The application must be submitted by December 31, 2026, and must state that the plan's operation beyond 2027 depends on receiving federal approval. The commissioner must also notify relevant legislative committee chairs and the Minnesota Comprehensive Health Association about the application and any federal decisions. This provision ensures the state can maintain its current health insurance funding structure while seeking continued federal permission to operate it.