MS SB3031

Exempts from sales tax certain home medical equipment and supplies when payment is made as a covered benefit under an insurance policy, contract, or plan.

Applies to items prescribed by a licensed physician for medical purposes and listed as eligible for payment under Medicare (Title XVIII) or Medicaid (Title XIX).

Includes prosthetics, orthotics, oxygen, oxygen equipment, and durable medical equipment meeting the exemption criteria.

Exemption applies only to the portion of the sales price paid through insurance coverage, not to out-of-pocket patient payments.

Takes effect July 1, 2011.