N.J. Rev. Stat. § 17:48-6dd. Hospital service corporation contracts, high deductible health plans using health savings accounts; applying deductibles: Hospital Service Corporations – New Jersey

Status: Enacted
Year Enacted: 2005
File: Download

Notwithstanding the provisions of section 2 of P.L.1995, c. 316 regarding deductibles for a high deductible health plan, a contract offered by a hospital service corporation providing hospital or medical expense benefits for groups with greater than 50 persons, that qualifies as a high deductible health plan for which qualified medical expenses are paid using a health savings account and that is delivered, issued, executed or renewed in this State, or approved for issuance or renewal in this State by the Commissioner of Banking and Insurance on or after the effective date of P.L.2005, c. 248, shall not apply a deductible for any benefits for which a deductible is not applicable pursuant to any law enacted after the effective date of P.L.2005, c. 248. See definition section N.J. Rev. Stat. § 17:48-1.


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