Commissioner of Insurance; authorize to implement a state insurance exchange, authorize income tax deductions and insurance premium tax credit.

This bill authorizes Mississippi's Commissioner of Insurance to establish and operate a state health insurance exchange to help residents access affordable coverage. It creates a dedicated trust fund financed by a fee of up to 3.5% on insurance premiums sold on the exchange to cover the costs of running the program. The legislation also allows the state to use federal funds for the exchange and directs the existing health risk pool to build an online tool that helps consumers compare health plans, providers, and drug prices. Additionally, the bill amends state code to define key terms and clarify how the exchange will function within Mississippi's insurance system.