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AR HB1838
Bill
Status
Failed
5/1/2017
Primary Sponsor
Stephen Meeks
Click for details
AI Summary
- Amends Arkansas Code § 21-5-418 to add new subsection (d) regarding employer notification and health savings account protections for state employees
- Requires employers to promptly notify and inform individual employees of any changes made to their health savings accounts
- Prohibits changes to health savings accounts from resulting in depletion of account balances
- Mandates that employer contributions to health savings accounts continue to accrue until an employee makes a written opt-out request, establishes a new account, or is no longer employed
- Applies to health savings accounts provided to state employees under the existing statutory framework
Legislative Description
To Amend The Law Concerning The Health Savings Accounts Of Certain State Employees.
Last Action
Died in House Committee at Sine Die Adjournment
5/1/2017
Committee Referrals
Insurance and Commerce3/2/2017
Full Bill Text
No bill text available