Colorado Code
Part 5 - Special Rules
§ 39-22-504.6. Definitions

As used in sections 39-22-504.5 to 39-22-504.7, unless the context otherwise requires:




(1.3) "Account holder" means an employee on whose behalf a medical savings account is established.




(2.4) "Eligible medical expense" means any medical expense that is deductible for purposes of section 213 (d) of the internal revenue code.
(2.5) "Employee" means the individual for whose benefit a medical savings account is established.
(2.6) "Employer" means a person or entity employing one or more persons in this state, excluding the federal government.

(3.5) "Qualified higher deductible health plan" means a health coverage policy, certificate, or contract that provides for the payment of covered benefits that exceed the deductible, which shall be at least one thousand five hundred dollars but no more than two thousand two hundred fifty dollars for individual coverage or at least three thousand dollars but no more than four thousand five hundred dollars for family coverage, and that is purchased by an employer for the benefit of an employee who makes deposits into a medical savings account.


Source: L. 86: Entire section added, p. 1121, § 1, effective June 23. L. 88: (4) amended, p. 419, § 16, effective April 11. L. 89: (4) amended, p. 622, § 19, effective July 1. L. 94: Entire section amended, p. 2840, § 7, effective January 1, 1995. L. 2000: (3.5) amended, p. 172, § 2, effective January 1, 2001.
Cross references: For the federal "Employee Retirement Income Security Act of 1974", see 93 Pub.L. 406.

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