Text to be removed highlighted in red.
1 New Subdivision; Health Savings Accounts. Amend RSA 21-I by inserting after section 36-b the following new subdivision:
Health Savings Accounts
21-I:36-c Health Savings Accounts Program Established. The commissioner of administrative services shall establish a federal qualified health savings account program for high deductible health plans as an option for retired state employees between the ages of 45 and 65. The health savings accounts shall not include the insurance mandates in current New Hampshire statutes. The commissioner is hereby authorized to enter into a contract or contracts with a suitable company or companies necessary to implement such program. All public and private employees may elect to participate in the health savings accounts program. The members of the high deductible health savings plans shall be responsible for their premiums and shall determine the coverages and deductibles to be included in the plan. Notwithstanding any provision of RSA 77, any balances in the health savings accounts shall not be subject to the interest and dividends tax under RSA 77. The commissioner shall adopt rules, pursuant to RSA 541-A, relative to the implementation of the program.
2 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 New Subdivision; Health Savings Accounts. Amend RSA 21-I by inserting after section 36-b the following new subdivision:
Health Savings Accounts
21-I:36-c Health Savings Accounts Program Established. The commissioner of administrative services shall establish a federal qualified health savings account program for high deductible health plans as an option for retired state employees between the ages of 45 and 65. The health savings accounts shall not include the insurance mandates in current New Hampshire statutes. The commissioner is hereby authorized to enter into a contract or contracts with a suitable company or companies necessary to implement such program. All public and private employees may elect to participate in the health savings accounts program. The members of the high deductible health savings plans shall be responsible for their premiums and shall determine the coverages and deductibles to be included in the plan. Notwithstanding any provision of RSA 77, any balances in the health savings accounts shall not be subject to the interest and dividends tax under RSA 77. The commissioner shall adopt rules, pursuant to RSA 541-A, relative to the implementation of the program.
2 Effective Date. This act shall take effect 60 days after its passage.