Indiana Code 12-15-44.5-4.5. Required health care account; payments
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Sec. 4.5. (a) An individual who participates in the plan must have a health care account to which payments may be made for the individual’s participation in the plan.
(c) An individual’s deductible must be at least two thousand five hundred dollars ($2,500) per year.
(b) An individual’s health care account must be used to pay the individual’s deductible for health care services under the plan.
Terms Used In Indiana Code 12-15-44.5-4.5
- plan: refers to the healthy Indiana plan established by section 3 of this chapter. See Indiana Code 12-15-44.5-2
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(d) An individual may make payments to the individual’s health care account as follows:
(1) An employer withholding or causing to be withheld from an employee’s wages or salary, after taxes are deducted from the wages or salary, the individual’s contribution under this chapter and distributed equally throughout the calendar year.
(2) Submission of the individual’s contribution under this chapter to the office to deposit in the individual’s health care account in a manner prescribed by the office.
(3) Another method determined by the office.
As added by P.L.30-2016, SEC.30.