Section 6-8-11-11 - Contributions by employee(a) A medical care savings account program established by an employer under this chapter may allow an employee to contribute money to the medical care savings account established for the employee. However, an employee may not contribute an amount larger than necessary to make the balance in the account equal the deductible.(b) Notwithstanding sections 17 and 23 of this chapter, if an employee contributes money to an account under this section:(1) the money may be withdrawn from the account by the employee at any time and for any purpose without a penalty;(2) the withdrawal of the money by the employee is not income to the employee that is subject to taxation under IC 6-3-1 through IC 6-3-7; and(3) income earned on the money while it is in the account is not income to the employee that is subject to taxation under IC 6-3-1 through IC 6-3-7.As added by P.L. 92-1995, SEC.2 and P.L. 93-1995, SEC.2.