Rep. HERBKERSMAN proposes the following amendment (LC-4305.PH0002H):
Amend the bill, as and if amended, SECTION 1, by striking Section 38-105-10(4) and inserting:
(4) "Wellness reimbursement program" means a self-insured medical reimbursement plan or a wellness and integrated medical plan expense reimbursement plan:(a) that is created pursuant to 26 C.F.R. 1.105-11 and Sections 105 and 125 of the Internal Revenue Code;
(b) that has issued a contract to provide services and pay claims pertaining to reimbursements of qualified medical expenses relating to Section 213(d) of the Internal Revenue Code; and
(c) that is intended, created, marketed, and sold as an ancillary product to an individual or group health insurance coverage or self-insured group health plan.
"Wellness Reimbursement program" does not include any underlying individual or group health insurance coverage or a self-insured group health plan.
Amend the bill further, SECTION 1, by striking Section 38-105-20(C) and inserting:
(C) In addition to the documents required under subsection (B), a wellness reimbursement program administrator must comply with Federal ERISA requirements, or submit a letter or document from the Internal Revenue Service or the U.S. Department of Labor approving of the specific wellness reimbursement program in question.Renumber sections to conform.
Amend title to conform.