Amendment ID: S2996-18-R1

Redraft Amendment 18

Federal Tax-Exempt Status for High Deductible Health Plans

Mr. Cyr and Ms. Edwards move that the proposed new text be amended in section 6, by inserting after the word “requirement”, in line 113, the following words:- “; provided, however, that deductibles, coinsurance or copayments shall be required if the applicable plan is governed by the Federal Internal Revenue Code and would lose its tax-exempt status as a result of the prohibition on deductibles, coinsurance or copayments for these services”; and

in section 18, by inserting after the word “requirement”, in line 300, the following words:- “; provided, however, that deductibles, coinsurance or copayments shall be required if the applicable plan is governed by the Federal Internal Revenue Code and would lose its tax-exempt status as a result of the prohibition on deductibles, coinsurance or copayments for these services”; and

in section 22, by inserting after the word “requirement”, in line 331, the following words:- “; provided, however, that deductibles, coinsurance or copayments shall be required if the applicable plan is governed by the Federal Internal Revenue Code and would lose its tax-exempt status as a result of the prohibition on deductibles, coinsurance or copayments for these services”; and

in section 25, by inserting after the word “requirement”, in line 352, the following words:- “; provided, however, that deductibles, coinsurance or copayments shall be required if the applicable plan is governed by the Federal Internal Revenue Code and would lose its tax-exempt status as a result of the prohibition on deductibles, coinsurance or copayments for these services”; and

in section 27, by inserting after the word “requirement”, in line 370, the following words:- “; provided, however, that deductibles, coinsurance or copayments shall be required if the applicable plan is governed by the Federal Internal Revenue Code and would lose its tax-exempt status as a result of the prohibition on deductibles, coinsurance or copayments for these services”.