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WV HB2968
Bill
Status
2/25/2025
Primary Sponsor
Joe Ellington
Click for details
AI Summary
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Public Employees Insurance Agency (PEIA) would cease operating as a public healthcare entity in West Virginia effective July 1, 2025
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PEIA would be permitted to continue operating as a private healthcare insurance company
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Employer contributions currently paid to PEIA would instead be deposited directly into employees' Health Savings Accounts (HSAs)
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Employees would receive monthly HSA deposits of $1,100 to use for healthcare insurance premiums or other healthcare expenses
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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