Sec. 18. (a) For the purposes of section 17(b) of this chapter, an account administrator that begins to administer a medical care savings account shall, in writing, notify the employee for whose benefit the account was established of the date of the last business day of the administrator's business year.
(b) The notice required by this section must be given not more than thirty (30) days after the account administrator begins to administer the medical care savings account.
As added by P.L.92-1995, SEC.2 and P.L.93-1995, SEC.2.
Structure Indiana Code
Chapter 11. Employee Medical Care Savings Account Plans
6-8-11-0.1. Application of Chapter
6-8-11-3. "Eligible Medical Expense"
6-8-11-6. "Medical Care Savings Account" or "Account"
6-8-11-7. "Medical Care Savings Account Program"
6-8-11-8. "Qualified Higher Deductible Health Plan"
6-8-11-9. Powers and Duties of Employer
6-8-11-11. Contributions by Employee
6-8-11-11.5. Withdrawal of Money Contributed After December 31, 2015
6-8-11-12. Authorized Account Administrators
6-8-11-14. Prohibited Use of Funds
6-8-11-16. Advancement of Money
6-8-11-17. Withdrawal of Money for Other Purposes
6-8-11-18. Written Notice Required
6-8-11-19. Money Exempt From Execution
6-8-11-20. Distribution Upon Death of Employee With No Covered Dependents
6-8-11-21. Transfer of Account
6-8-11-22. Termination of Employment
6-8-11-23. Procedures for Payment Upon Termination
6-8-11-24. Distribution Upon Death of Employee With Dependents