Section 62Q.025 Product Approvals
62Q.025 PRODUCT APPROVALS.
Subdivision 1.Qualified plan.
A high deductible health plan shall be deemed a qualified plan under sections 62E.06 and 62E.12. The plan must meet all other requirements of state law except those that are inconsistent with a high deductible health plan as defined in sections 220 and 223 of the Internal Revenue Code and supporting regulations.
Subd. 2.Authorization.
Notwithstanding any other law of this state, any health plan company defined in section 62Q.01, subdivision 4, is permitted to offer high deductible health plans.
History:
2004 c 268 s 8