Bill > S08772

This bill modifies existing insurance laws concerning high-deductible health plans (HDHPs) and health savings accounts (HSAs) to ensure that certain cost-sharing requirements, particularly those related to prescription drugs and preventive care, do not disqualify individuals from using their HSAs. Specifically, it clarifies that for HDHPs paired with HSAs, coverage for preventive care can be applied before the plan's deductible is met, and for other services, the plan's deductible, rather than a minimum federal deductible, will apply. The bill also adjusts the effective date for these changes, making them applicable to policies and contracts issued, renewed, modified, altered, or amended on or after January 1, 2027, and aligns the effective dates of several sections with a related 2025 law.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S8772