Colorado § 10-16-129 Health savings accounts

Colorado Statutes

§ 10-16-129 — Health savings accounts

Colorado·Title 10 Insurance·Art. Health-care Coverage

Any carrier authorized to conduct
business in this state that offers coverage pursuant to part 2, 3, or 4 of this article
may offer a high deductible health plan that would qualify for and may be offered in
conjunction with a health savings account pursuant to 26 U.S.C. sec. 223, as
amended. A carrier offering a high deductible health plan that may be offered in
conjunction with a health savings account may apply the deductible to mandatory
health benefits for prostate cancer screening and prosthetic devices pursuant to
section 10-16-104 (10) and (14) if those mandatory benefits are not considered by the
federal department of treasury to be preventive or to have an acceptable
deductible amount.

Free access — add to your briefcase to read the full text and ask questions with AI

Any carrier authorized to conduct
business in this state that offers coverage pursuant to part 2, 3, or 4 of this article
may offer a high deductible health plan that would qualify for and may be offered in
conjunction with a health savings account pursuant to 26 U.S.C. sec. 223, as
amended. A carrier offering a high deductible health plan that may be offered in
conjunction with a health savings account may apply the deductible to mandatory
health benefits for prostate cancer screening and prosthetic devices pursuant to
section 10-16-104 (10) and (14) if those mandatory benefits are not considered by the
federal department of treasury to be preventive or to have an acceptable
deductible amount.

Colorado § 10-16-129 (Health savings accounts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2004: Entire section added, p. 764, � 2, effective July 1. L. 2009: Entire section amended, (HB 09-1204), ch. 344, p. 1808, � 6, effective January 1, 2010. L. 2013: Entire section amended, (HB 13-1266), ch. 217, p. 973, � 23, effective May 13.