Statutes, codes, and regulations
Indiana Administrative Code
Title 405 - OFFICE OF THE SECRETARY OF FAMILY AND SOCIAL SERVICESArticle 10 - HEALTHY INDIANA PLAN
Rule 405 IAC 10-10 - POWER Accounts and Copayments
Section 405 IAC 10-10-1 - Establishment of POWER account; noninterest bearing account

405 Ind. Admin. Code 10-10-1

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Current through December 25, 2024
Section 405 IAC 10-10-1 - Establishment of POWER account; noninterest bearing account

Authority: IC 12-15-44.5-9

Affected: IC 12-15-44.5

Sec. 1.

(a) The managed care organizations shall establish and administer a POWER account in the name of each individual enrolled in the plan. The maximum amount that may be contributed to the POWER account is two thousand five hundred dollars ($2,500) per year, contributed as specified under section 4 of this rule.
(b) POWER account funds shall be used to pay the member's deductible for health care services covered under the plan.
(c) A member shall not keep interest earned on the member's POWER account.

405 IAC 10-10-1

Filed 5/18/2015, 12:34 p.m.: 20150617-IR-405140339FRA
Filed 1/19/2018, 8:42 a.m.: 20180214-IR-405170484FRA