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Americans for Prosperity – Mississippi Supports SB 2125, Urges Action on Health Savings Account Bill for State Employees

Mar 28, 2024 by AFP

JACKSON, MS—Following passage of SB 2125 in the House Insurance Committee, Americans for Prosperity – Mississippi (AFP-MS) is applauding the bill that will expand Health Savings Accounts (HSAs) to state employees.

AFP-MS Deputy State Director, Cade Yates, released the following statement:

“We thank Senator Chris Johnson (District 25) for introducing this important bill that would increase access to Health Savings Accounts for state employees in Mississippi, without costing taxpayers additional money.

“HSAs empower individuals and families to use their funds in ways that make most sense to them. From paying for prescription drugs to covering a copay for a medical appointment, HSAs allow patients to take greater control of their health care. We urge the House to advance this bill so that state employees have more access to options to the care they need.” 

Background

SB 2125 allows full-time state employees to utilize existing tax code in Mississippi to maintain an HSA that could be used for medical expenses. The state would not contribute any portion, but the contributions state employees make to their HSAs would be exempt from taxable gross income.

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