Bill Text: NY A09711 | 2011-2012 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relates to managed care health savings accounts.
Spectrum: Bipartisan Bill
Status: (Passed) 2012-08-17 - signed chap.440 [A09711 Detail]
Download: New_York-2011-A09711-Introduced.html
Bill Title: Relates to managed care health savings accounts.
Spectrum: Bipartisan Bill
Status: (Passed) 2012-08-17 - signed chap.440 [A09711 Detail]
Download: New_York-2011-A09711-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 9711 I N A S S E M B L Y March 27, 2012 ___________ Introduced by M. of A. MORELLE -- read once and referred to the Commit- tee on Insurance AN ACT to amend the insurance law, in relation to a health savings account pilot program and providing for the repeal of such provisions upon the expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. The insurance law is amended by adding a new section 1124 2 to read as follows: 3 S 1124. HEALTH SAVINGS ACCOUNT PILOT PROJECT. (A) A HEALTH MAINTENANCE 4 ORGANIZATION CERTIFIED PURSUANT TO ARTICLE FORTY-FOUR OF THE PUBLIC 5 HEALTH LAW MAY OFFER A GROUP HIGH DEDUCTIBLE HEALTH PLAN IN CONJUNCTION 6 WITH A HEALTH REIMBURSEMENT ACCOUNT OR A HEALTH SAVINGS ACCOUNT ESTAB- 7 LISHED PURSUANT TO FEDERAL TAX LAW, WHEN: 8 (1) THE EMPLOYER GROUP PURCHASING THE HIGH DEDUCTIBLE PLAN IS A MUNI- 9 CIPALITY, AND 10 (2) THE EMPLOYER IS OBLIGATED TO CONTRIBUTE, PURSUANT TO A COLLECTIVE 11 BARGAINING AGREEMENT OR OTHER BINDING ARRANGEMENT WITH ITS EMPLOYEES, AN 12 AMOUNT AT LEAST EQUAL TO THE DEDUCTIBLE REQUIRED UNDER THE PLAN ON 13 BEHALF OF EACH ENROLLED EMPLOYEE. 14 (B) A HIGH DEDUCTIBLE HEALTH PLAN OFFERED PURSUANT TO SUBSECTION (A) 15 OF THIS SECTION, WHICH OTHERWISE MEETS THE REQUIREMENTS OF ARTICLE 16 FORTY-FOUR OF THE PUBLIC HEALTH LAW, SHALL BE DEEMED TO PROVIDE COMPRE- 17 HENSIVE HEALTH SERVICES AND SHALL NOT BE DISAPPROVED DUE TO ITS COST 18 SHARE ARRANGEMENT. 19 (C) ANY ORGANIZATION PARTICIPATING IN THE PILOT PROGRAM SHALL FILE A 20 REPORT WITH THE SUPERINTENDENT DETAILING THE IMPACT OF THE PROGRAM, 21 INCLUDING BUT NOT LIMITED TO INFORMATION REGARDING CONSUMER SATISFACTION 22 AND ACCESS TO CARE, NO LATER THAN APRIL FIRST, TWO THOUSAND FOURTEEN. 23 S 2. This act shall take effect immediately and shall expire December 24 31, 2015 when upon such date the provisions of this act shall be deemed 25 repealed. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15062-01-2