Sec. 21. If an individual:
(1) who was employed by an employer that participated in a medical care savings account program; and
(2) whose employment was terminated;
becomes employed with a different employer that participates in a medical care savings account program, the individual may transfer the medical care savings account that was established for the individual's benefit by the former employer to the account administrator of the new employer.
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