MS HB548

Grants the Commissioner of Insurance authority to disapprove policy forms, amendatory riders, or endorsements that violate state or federal law or contain inconsistent, ambiguous, or misleading clauses.

Requires the Commissioner to provide at least 30 days written notice to the insurer before disapproval and hold a hearing, which the insurer may waive.

Mandates the Commissioner issue a written order within 30 days after the hearing closes (or after waiver is filed), specifying how the policy fails to meet requirements, with an optional 30-day extension.

Applies to health insurance policies and employee health benefit plans delivered or renewed in Mississippi, but excludes disability income insurance and long-term care insurance.

Authorizes the Commissioner to promulgate rules and regulations to implement this authority.