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ID S1319
Bill
Status
2/12/2016
Primary Sponsor
Commerce and Human Resources Committee
Click for details
AI Summary
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Department of Administration shall offer health savings account programs on an optional basis to state officers and employees paired with qualifying high deductible health plans.
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State employers shall deposit an amount determined by the Department of Administration annually not exceeding 60% of the high deductible health plan's deductible into employees' health savings accounts.
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Deposits into health savings accounts cannot exceed the Internal Revenue Service's maximum allowable contribution limits.
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State officers and employees may make additional voluntary contributions to their health savings accounts beyond employer deposits.
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The Department of Administration may promulgate rules to implement the program provisions, effective July 1, 2017.
Legislative Description
Amends existing law to clarify that the Department of Administration shall offer a health savings account program and to provide that state employers shall deposit a certain amount into a health savings account.
STATE EMPLOYEE HEALTH PLANS
Last Action
Reported Printed; referred to Commerce & Human Resources
2/15/2016