To redirect payments to PEIA to employees in the form of a Health Savings Account (“HSA”)

HB 2965 redirects employer payments currently made to West Virginia's Public Employees Insurance Association (PEIA) into a Health Savings Account (HSA) for state employees. Starting July 1, 2025, eligible employees would receive $1,100 monthly into their HSA, which they can use to pay for healthcare insurance premiums and related expenses. Employees would choose their own healthcare plans using these funds instead of being enrolled in PEIA. The bill changes how employer contributions are delivered but does not alter existing insurance coverage options.