Effective: June 30, 1997
Latest Legislation: House Bill 374 - 122nd General Assembly
An account holder may withdraw funds from the account holder's account at any time, for any purpose. However, the administrator of a medical savings account shall not disburse funds to an account holder during the year in which the funds were deposited, except to reimburse the account holder for, or pay for, a documented eligible medical expense of the account holder or the account holder's spouse or dependent.
Structure Ohio Revised Code
Chapter 3924 | Small Employer Health Benefit Plans; Provision of Health Care Coverage
Section 3924.02 | Health Care Benefit Plans Covered by Chapter.
Section 3924.03 | Health Benefit Plans Covering Small Employers Subject to Conditions.
Section 3924.032 | Refusing to Issue Plans in Small Employer Market.
Section 3924.033 | Information Disclosed by Carrier to Employer.
Section 3924.04 | Limits on Premium Rates - Low Claim Rates.
Section 3924.06 | Demonstrating Compliance Through Actuarial Certification.
Section 3924.21 | Overcharges.
Section 3924.25 | Prohibiting Exclusion Based on Health Condition.
Section 3924.27 | Prohibiting Premium Increase on the Basis of Any Health Status-Related Factor.
Section 3924.41 | Prohibiting Consideration of Eligibility for Medical Assistance.
Section 3924.46 | Prohibiting Denial of Enrollment of Certain Children.
Section 3924.47 | Duties of Health Insurer of Noncustodial Parent.
Section 3924.51 | Plan Benefits for Adopted Children.
Section 3924.53 | Coverage for Person in Custody or Confined in Jail.
Section 3924.61 | Medical Savings Account Definitions.
Section 3924.62 | Opening of Medical Savings Account.
Section 3924.63 | Owners of Interest in Medical Savings Account.
Section 3924.64 | Administration of Accounts.
Section 3924.65 | Notice of Tax Status of Deposits.
Section 3924.66 | Account Deducted From Ohio Adjusted Gross Income.
Section 3924.67 | Withdrawals.
Section 3924.68 | Procedure Upon Termination of Employment.
Section 3924.69 | Death of Account Holder.
Section 3924.70 | Advances to Cover Employee's Eligible Medical Expenses.
Section 3924.71 | Funds Disbursed Pursuant to Bankruptcy Protection.
Section 3924.72 | Brochure Explaining Operation of Medical Savings Accounts.
Section 3924.73 | Rights, Privileges, or Protections of Employees or Small Employers.