HB1002

Mississippi HB1002 would delete the repealer on the statute governing premium payments for the State and School Employees Life and Health Insurance.

Mississippi HB1002 would amend the statute to delete the repealer on the statute governing premium payments for the State and School Employees Life and Health Insurance Plan. The bill specifies how premiums and contributions are collected to provide the self-insured health insurance program for employees. It details the cost-sharing responsibilities between the state, local school districts, and employees, including provisions for different employment dates and hours worked. The bill also outlines the investment of funds and the creation of an Insurance Reserve Fund.