(a) A health savings account shall be a component of a consumer-driven health insurance plan option adopted by the State and Public School Life and Health Insurance Board.
(b) A school district may make an employer contribution into a participating public school employee's health savings account up to the maximum amount allowed by the Internal Revenue Service.
(c) A school district shall ensure that any vendor the school district contracts with to provide health savings account management for the school district provides annual education to the school district's public school employees concerning the:
(1) Advantages and disadvantages of a consumer-driven health plan option; and
(2) Effective strategies for using a health savings account.
Section: Previous 21-5-403 21-5-404 21-5-405 21-5-406 21-5-407 21-5-408 21-5-410 21-5-411 21-5-412 21-5-414 21-5-415 21-5-416 21-5-417 21-5-418Last modified: November 15, 2016