New York S08772 amends insurance law to modify cost-sharing requirements for high deductible health plans and health savings accounts.

New York S08772 amends the insurance law to adjust cost-sharing requirements for high deductible health plans paired with health savings accounts. Specifically, it modifies how certain preventive care services are treated under these plans. If applying cost-sharing requirements would make an individual ineligible for a health savings account under federal law, these requirements will apply after the minimum deductible is met, except for preventive care services. The bill also specifies that certain prescription drugs will not be subject to annual deductibles or coinsurance.

New York S08772 amends insurance law to modify cost-sharing requirements for high deductible health plans and health savings accounts.

New York S08772 amends the insurance law to adjust cost-sharing requirements for high deductible health plans paired with health savings accounts. Specifically, it modifies how certain preventive care services are treated under these plans. If applying cost-sharing requirements would make an individual ineligible for a health savings account under federal law, these requirements will apply after the minimum deductible is met, except for preventive care services. The bill also specifies that certain prescription drugs will not be subject to annual deductibles or coinsurance.