N.J. Stat. § 17B:27A-19.14

Current through L. 2024, c. 87.
Section 17B:27A-19.14 - High deductible health plan, small employer, deductible inapplicable, certain circumstances

Notwithstanding the provisions of subsection k. of section 3 of P.L. 1992, c.162 (C.17B:27A-19) regarding deductibles for a high deductible health plan, a health benefits plan offered pursuant to P.L. 1992, c.162 (C.17B:27A-17 et seq.) on or after the effective date of P.L. 2005, c. 248(C.17:48E-35.27 et al.), that qualifies as a high deductible health plan for which qualified medical expenses are paid using a health savings account established pursuant to section 223 of the federal Internal Revenue Code of 1986 (26 U.S.C. s. 223), shall not apply a deductible for any benefits for which a deductible is not applicable pursuant to any law enacted after the effective date of P.L. 2005, c. 248(C.17:48E-35.27 et al.). This section shall apply to all small employer health benefits plans in which the carrier has reserved the right to change the premium.

N.J.S. § 17B:27A-19.14

Added by L. 2005, c. 248, s. 16, eff. 12/31/2005.