Any carrier authorized to conduct business in this state that offers coverage pursuant to part 2, 3, or 4 of this article may offer a high deductible health plan that would qualify for and may be offered in conjunction with a health savings account pursuant to 26 U.S.C. sec. 223, as amended. A carrier offering a high deductible health plan that may be offered in conjunction with a health savings account may apply the deductible to mandatory health benefits for prostate cancer screening and prosthetic devices pursuant to section 10-16-104 (10) and (14) if those mandatory benefits are not considered by the federal department of treasury to be preventive or to have an acceptable deductible amount.
Source: L. 2004: Entire section added, p. 764, § 2, effective July 1. L. 2009: Entire section amended, (HB 09-1204), ch. 344, p. 1808, § 6, effective January 1, 2010. L. 2013: Entire section amended, (HB 13-1266), ch. 217, p. 973, § 23, effective May 13.
Cross references: For the legislative declaration contained in the 2009 act amending this section, see section 1 of chapter 344, Session Laws of Colorado 2009.