MS HB1458

Adds new exemption (paragraph cc) to Mississippi sales tax law for home medical equipment and supplies ordered or prescribed by a licensed physician when payment is made as a covered benefit under an insurance policy, contract, or plan.

Exempts items eligible for payment under Medicare (Title XVIII of Social Security Act) or Medicaid (Title XIX of Social Security Act), as well as prosthetics, orthotics, oxygen, oxygen equipment, and durable medical equipment.

Exemption applies only to the portion of the sales price paid as a covered benefit under the insurance policy, contract, or plan, not to any out-of-pocket patient payments.

Takes effect July 1, 2011.