NY S08772

Amends New York insurance law to simplify cost-sharing rules for high deductible health plans (HDHPs) paired with health savings accounts (HSAs), allowing coverage to be subject to the plan's annual deductible when cost-sharing would otherwise cause HSA ineligibility under federal tax code Section 223

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

Changes terminology from "minimum deductible under 26 USC 223" to "plan deductible" throughout multiple sections of insurance law governing individual policies, group policies, and health service corporation contracts

Maintains existing exceptions for preventive care services, which remain exempt from deductible requirements regardless of whether the plan deductible has been satisfied

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