35 Miss. Admin. Code Pt. III, Subpt. 3, Ch. 07 — Contributions by Employer to Accident and Health Plans

100 The gross income of an employee does not include contributions which his employer
makes to an accident or health plan for compensation (through insurance or otherwise) to
the employee for personal injuries or sicknesses incurred by him, his spouse or his
dependents. The employer may contribute to an accident or health plan either by paying the
premium (or a portion of the premium) on a policy of accident or health insurance covering
one or more of his employees, or by contributing to a separate trust or fund. However, if
such insurance policy, trust or fund provides other benefits in addition to accident and
health benefits, the exclusion applies only to that portion of the employer's contribution
which is allocable to accident and health benefits.
101 (Reserved)
102 (Reserved)
Chapter 08 Exclusion Military Pensions and Disability Payments for Certain Injuries and
Sicknesses
100 The Commissioner will follow Federal Rules, Regulations and Revenue Procedures
relating to the classification and tax treatment of amounts permitted as an exclusion under
this regulation to the extent that such procedures are deemed not contrary to the context and
intent of Mississippi Law.
101 (Reserved)
102 (Reserved)