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WV HB2968

Bill

Status

Introduced

2/25/2025

Primary Sponsor

Joe Ellington

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • Public Employees Insurance Agency (PEIA) would cease operating as a public healthcare entity in West Virginia effective July 1, 2025

  • PEIA would be permitted to continue operating as a private healthcare insurance company

  • Employer contributions currently paid to PEIA would instead be deposited directly into employees' Health Savings Accounts (HSAs)

  • Employees would receive monthly HSA deposits of $1,100 to use for healthcare insurance premiums or other healthcare expenses

  • Employees could choose their own healthcare provider or continue using PEIA as a private insurer

Legislative Description

Relating to the cessation of PEIA as a public healthcare entity and permitting PEIA to operate as a private healthcare insurance company

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