New York A05367 modifies cost-sharing requirements for high deductible health plans and health savings accounts.

New York A05367 amends the insurance law to adjust cost-sharing requirements for high deductible health plans paired with health reimbursement accounts or health savings accounts. It specifies that cost-sharing requirements should apply only after the enrollee meets the minimum deductible under the Internal Revenue Code, except for preventive care services. This change ensures that certain cost-sharing requirements do not inadvertently disqualify individuals from health savings accounts. The act takes effect immediately.

New York A05367 modifies cost-sharing requirements for high deductible health plans and health savings accounts.

New York A05367 amends the insurance law to adjust cost-sharing requirements for high deductible health plans paired with health reimbursement accounts or health savings accounts. It specifies that cost-sharing requirements should apply only after the enrollee meets the minimum deductible under the Internal Revenue Code, except for preventive care services. This change ensures that certain cost-sharing requirements do not inadvertently disqualify individuals from health savings accounts. The act takes effect immediately.