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WV HB2965

Bill

Official Source

Status

Introduced

2/25/2025

Primary Sponsor

Joe Ellington

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Redirects all employer contributions currently paid to the Public Employees Insurance Agency (PEIA) directly to employees instead

  • Requires funds to be deposited into Health Savings Accounts (HSAs) for employees at a rate of $1,100 per month

  • Allows employees to use HSA funds to pay for healthcare insurance premiums and related healthcare expenditures

  • Permits employees to select their own healthcare insurance provider rather than using PEIA coverage

  • Takes effect July 1, 2025

Legislative Description

To redirect payments to PEIA to employees in the form of a Health Savings Account (“HSA”)

Insurance

Last Action

To House Banking and Insurance

3/3/2025

Committee Referrals

Banking & Insurance3/3/2025
Finance2/25/2025

Full Bill Text

No bill text available