HB1089

Louisiana HB1089 creates CARE Accounts for future medical expenses awarded in delictual actions.

Louisiana HB1089 establishes CARE Accounts for future medical expenses awarded in delictual actions. These accounts are money market deposit accounts owned by the judgment debtor but used by the judgment creditor for their lifetime. Funds in these accounts can only be used for qualifying medical expenses, defined as products or services listed in the Centers for Medicare and Medicaid Services' Current Procedural Terminology and Healthcare Common Procedure Coding System codes.