Ga. Code § 33-30B-5

Current through 2023-2024 Legislative Session Chapter 709

Section 33-30B-5 - Relationship between spending account and attachment point for insurance reimbursement

For any plan having a spending account feature, the amount of the spending account is not required to be the same as the attachment point for insurance reimbursements. If the attachment point for insurance reimbursements to the plan is higher than the amount contained in the spending account, a notice describing the monetary gap for which an individual will be liable shall be given to the holder of the spending account.

OCGA § 33-30B-5

Added by 2003 Ga. Laws 396, § 1, eff. 7/1/2003.