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Who cares
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Sponsors
1 Co-sponsor
History
- Substituted by A9711B
- Amended on third reading 6810b
- Vote reconsidered - restored to third reading
- Returned to senate
- Recalled from assembly
- Referred to insurance
- Delivered to assembly
- Passed senateVote 42–17
- Amended on third reading 6810a
- Advanced to third reading
- 2nd report cal.
- 1st report cal.569
Show 1 earlier action
- Referred to insurance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to managed care health savings accounts
Signed by Governor · Sponsor Joseph Morelle
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6810B
Title of bill
An act to amend the insurance law, in relation to a health savings account pilot program and providing for the repeal of such provisions upon the expiration thereof
Purpose
The purpose of this bill is to allow HMOs to offer to certain municipalities a group high deductible health plan in conjunction with a health savings account.
Summary of provisions
The bill would allow HMOs to offer to certain municipalities a group high deductible health plan in conjunction with a health reimbursement account or a health savings account, provided that the plan is offered pursuant to an existing collective bargaining agreement between the municipalities and its employees and that the municipality pays the deductible 011 behalf of its employees. An HMO that offers such a plan would also be required to report to the Superintendent of Financial Services and the Commissioner of Health the number of people covered by the plan and how the plan compares to similar non-high deductible plans by April 1, 2014. The provisions of this bill would sunset on December 31, 2015.
Justification
High Deductible Health Plans, when used in conjunction with HRAs or HSAs, have become a popular way for employers to continue to provide their employees with health coverage, while maintaining some control and predictability in the face of the ever-increasing costs of health care. Employers, especially municipalities, have expressed an increasing demand for these products.
This bill would establish a Managed Care Savings Account, limited to certain municipalities, to allow HMOs to offer group high deductible health plans, in conjunction with a health savings account or health reimbursement account, provided that the municipality pays contributes an amount at least equal to the deductible required by the plan. In addition, the plan must be offered pursuant to an existing collective bargaining agreement. An HMO offering this product would be required to report to the Department of Financial Services and the Commissioner of Health on a variety of measures related to these plans. The provisions of this bill would sunset on December 31, 2015.
Legislative history
New bill.
Fiscal implications
None.
Effective date
Immediately and shall expire December 31, 2015.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.