Introduced
by
To allow (but not require) the Department of Civil Service to implement and administer a Health Savings Account (HSA) plan to state employees. HSAs and Medical Savings Accounts (MSAs) combine a lower-cost high deductible health insurance plan with an IRA-like tax-deferred savings account owned by the employee. Routine health care expenses are paid from this account, and the employee gets to keep unexpended funds.
Referred to the Committee on Insurance
Reported without amendment
