Minnesota HF5022 requires insurance companies to accept an individual taxpayer identification number instead of a Social Security number on insurance.
Minnesota HF5022 amends state insurance laws to require insurance companies to accept an individual taxpayer identification number on insurance coverage applications. This change applies to insurance coverage offered, issued, or renewed on or after January 1, 2026. The bill mandates that if an insurance company requires a new customer to provide a Social Security number, they must also accept an individual taxpayer identification number. The insurance coverage application must clearly state that the company accepts an individual taxpayer identification number.
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