MS SB2125

Amends Section 83-62-5 to require the State and School Employees Health Insurance Management Board to allow state employees to participate in health savings account (HSA) programs, provided employees pay the full cost and consent to payroll deduction.

Brings forward Section 83-62-3 defining HSA terms including "eligible individual," "qualified medical expense," and "high deductible health plan" with specific deductible minimums ($1,000 for individual coverage, $2,000 for family coverage).

Brings forward Section 25-15-5 establishing the board's authority to administer health plans, develop five-year strategic plans, conduct research on member needs, and disclose plan provisions to members.

Takes effect July 1, 2024.