6-8-11-8. "Qualified higher deductible health plan"

IN Code § 6-8-11-8 (2019) (N/A)
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Sec. 8. As used in this chapter, "qualified higher deductible health plan" means a health coverage policy, certificate, or contract that:

(1) provides for the payment of eligible medical expenses that exceed a higher deductible;

(2) is purchased by an employer for the benefit of employees and dependents of employees; and

(3) is part of a medical care savings account program established under this chapter.

As added by P.L.92-1995, SEC.2 and P.L.93-1995, SEC.2.