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ID S1346
Bill
Status
3/2/2016
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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The Department of Administration shall offer a health savings account program on an optional basis for state officers and employees with qualifying high deductible health plans.
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State employers shall deposit an amount determined by the Department of Administration that annually does not exceed 60% of the high deductible health plan's deductible into employee health savings accounts.
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A health savings account administrator shall be selected by the Department of Administration to manage the accounts.
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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 bill becomes effective on July 1, 2017.
Legislative Description
Amends existing law to clarify that the Department of Administration shall offer a health savings account program, to provide for a health savings account administrator and to provide that state employers shall deposit a certain amount into a health savings account.
STATE EMPLOYEE HEALTH PLANS
Last Action
U.C. to be returned to Commerce & Human Resources Committee
3/15/2016