Amends existing law to clarify that the Department of Administration shall offer a health savings account program, to provide for a health savings account administrator and to provide that state employers shall deposit a certain amount into a health savings account.
STATE EMPLOYEE HEALTH PLANS - Amends existing law to clarify that the Department of Administration shall offer a health savings account program, to provide for a health savings account administrator and to provide that state employers shall deposit a certain amount into a health savings account.
STATEMENT OF PURPOSE
This legislation requires the state to offer state employees a health benefit plan that utilizes Health Savings Account (HSA's) paired with high-deductible health plans. A plan is optional to state employees. An HSA is a financial account that is designed to allow state employees to set aside money for current and future medical expenses. Health Savings Accounts, paired with high-deductible health plans, can create a win-win situation for taxpayers and public employees. The plans provide state employees more savings, choice, and control over their healthcare needs and expenses, while offering an opportunity for the state to reduce its health insurance costs for state employees.
HOW THEY VOTED
Senate Third Reading
YEA (34)
NAY (0)
ABSENT / NOT VOTING (1)
LATEST ACTION
U.C. to be returned to Commerce & Human Resources Committee