State Treasurer Urges Hospitals and Clinics to Claim Unclaimed Property to Boost Healthcare Infrastructure, Support Frontline Workers
State Treasurer David McRae today urged hospitals and clinics to search for and claim any unclaimed property held by the state to help boost Mississippi’s healthcare infrastructure and support frontline workers. Their search can begin at treasury.ms.gov. The American Hospital Association reported in March: “Due to expenses to treat COVID-19 patients, hospitals are currently losing up to $1 million per day.” In the last month, the state has returned more than $30,000 to hospitals and clinics in the state, but much more remains unclaimed.
“Hospitals and our frontline healthcare workers have made tremendous sacrifices to test and treat Mississippians during the COVID-19 pandemic,” said McRae. “To boost our healthcare infrastructure and support frontline workers, I strongly encourage hospitals and clinics to search for and claim any Unclaimed Property held by the state. Especially during this time of uncertainty, we are focused on getting Unclaimed Property out of the state’s accounts and into the hands of its rightful owners.”
Since the beginning of the COVID-19 outbreak, the State Treasury has returned more than $600,000 in Unclaimed Property to Mississippians. To begin your search, please visit treasury.ms.gov.
What is Unclaimed Property?
It’s sometimes very difficult for banks, credit unions, and even retail stores to find the rightful owner of big chunks of money. People move – families lose touch – and the money just sits there. After five years, financial institutions turn that money over to the state to find the rightful owners, which is what our team does in the Unclaimed Property Division.
Where do I search for Unclaimed Property?
Visit treasury.ms.gov. Enter your last name. And begin your search!