{"data":{"id":"us-ms/miss.-code-ann.-71-9-5","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 71-9-5","heading":"Miss. Code Ann. § 71-9-5","body":"(1) Each employer shall be permitted to offer voluntarily the following programs:\n\n(a) Continued coverage under the employer's existing health coverage policy, certificate or contract; or\n\n(b) Participation in a medical savings account program.\n\n(2) An employer that previously did not provide an accident and health insurance policy, certificate or contract for his or her employees may establish a medical savings account program. In this case, the premium reduction referred to in Section 71-9-3(j)(ii) shall be based on the cost of similar coverage with a Five Hundred Dollar ($500.00) deductible.\n\n(3) A resident individual may establish a medical savings account for the benefit of himself or herself and his or her dependents. Contributions to a medical savings account established by a resident individual for a tax year shall not exceed the allowable deductible for a qualified higher deductible health plan.\n\n(4) Except as otherwise provided by law, the principal contributed and the interest earned on a medical savings account shall be excluded from the taxable gross income of the account holder under Section 27-7-15 .","path":["MS Code","Title 71"],"source_url":"https://legislature.ms.gov/","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:17Z","sha256":"fcd84417a2c2b11f61b16d71c60e14506becd477229c4e45b306a140cbb03be3","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-71-9-3","next":"us-ms/miss.-code-ann.-71-9-7"},"notice":"GroundRules: Original legal text. Not legal advice."}