NY A09507

Amends New York insurance law provisions regarding high deductible health plans (HDHPs) paired with health savings accounts (HSAs) to simplify cost-sharing requirements

Removes references to "health reimbursement accounts" from provisions, limiting the scope to health savings accounts only

Changes terminology from "minimum deductible under 26 USC 223" (federal tax code) to simply "plan deductible," giving insurers more flexibility in applying deductible requirements

Allows coverage under HDHPs to be subject to the plan's annual deductible when federal HSA eligibility rules would otherwise conflict with state cost-sharing mandates

Delays the effective date of a 2025 law (S. 6895-A/A. 5367-A) on HDHPs and HSAs from immediate effect to January 1, 2027, applying to policies issued, renewed, or modified on or after that date