Bill > S06895

This bill modifies New York insurance law to address cost-sharing requirements for high deductible health plans (HDHPs) that are offered with health savings accounts (HSAs) or health reimbursement accounts (HRAs). Specifically, the bill ensures that cost-sharing requirements do not compromise an individual's eligibility for a health savings account under the Internal Revenue Code. Under the new provisions, for HSA-qualified high deductible health plans, cost-sharing requirements will only apply to the plan's deductible after the enrollee has satisfied the minimum deductible specified in the federal tax code. The bill provides an exception for preventive care services, where cost-sharing requirements will apply regardless of whether the minimum deductible has been met. The legislation amends three sections of the insurance law (Sections 3216, 3221, and 4303) to implement these changes, ensuring consistency across different types of health insurance plans. By aligning state insurance regulations with federal HSA requirements, the bill aims to provide more flexibility and clarity for consumers with high deductible health plans who wish to maintain their health savings account eligibility.

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https://www.nysenate.gov/legislation/bills/2025/S6895