Florida Senate - 2008 CS for SB 1886

By the Committee on General Government Appropriations; and Senator Carlton

601-06433-08 20081886c1

1

A bill to be entitled

2

An act relating to the state group insurance program;

3

amending s. 110.123, F.S.; specifying the amount of the

4

employer contribution to employee health savings accounts;

5

providing an effective date.

6

7

Be It Enacted by the Legislature of the State of Florida:

8

9

     Section 1.  Subsection (12) of section 110.123, Florida

10

Statutes, is amended to read:

11

     110.123  State group insurance program.--

12

     (12) HEALTH SAVINGS ACCOUNTS.--The department may is

13

authorized to establish health savings accounts for full-time and

14

part-time state employees in association with a health insurance

15

plan option authorized by the Legislature and conforming to the

16

requirements and limitations of federal provisions relating to

17

the Medicare Prescription Drug, Improvement, and Modernization

18

Act of 2003.

19

     (a)1.  A member participating in this health insurance plan

20

option is shall be eligible to receive an employer contribution

21

into the employee's health savings account from the State

22

Employees Health Insurance Trust Fund in an amount to be

23

determined by the Legislature. A member is not eligible for an

24

employer contribution upon termination of employment. For the

25

2007-2008 fiscal year, The state's monthly contribution for

26

employees having individual coverage shall be $41.66 and the

27

monthly contribution for employees having family coverage shall

28

be $83.33.

29

     2.  A member participating in this health insurance plan

30

option may shall be eligible to deposit the member's own funds

31

into a health savings account.

32

     (b)  The monthly premiums paid by the employer for a member

33

participating in this health insurance plan option shall include

34

an amount equal to the monthly employer contribution authorized

35

by the Legislature for that fiscal year.

36

     (c) The health savings accounts shall be administered in

37

accordance with the requirements and limitations of federal

38

provisions relating to the Medicare Prescription Drug,

39

Improvement, and Modernization Act of 2003.

40

     Section 2.  This act shall take effect July 1, 2008.

CODING: Words stricken are deletions; words underlined are additions.