Authority: IC 12-15-44.5-9

Affected: IC 12-15-44.5

Sec. 1. (a) The managed care organizations shall establish and administer a POWER account in the name of each individual enrolled in the plan. The maximum amount that may be contributed to the POWER account is two thousand five hundred dollars ($2,500) per year, contributed as specified under section 4 of this rule.

(b) POWER account funds shall be used to pay the member's deductible for health care services covered under the plan.

(c) A member shall not keep interest earned on the member's POWER account.

(Office of the Secretary of Family and Social Services; 405 IAC 10-10-1; filed May 18, 2015, 12:34 p.m.: 20150617-IR-405140339FRA; filed Jan 19, 2018, 8:42 a.m.: 20180214-IR-405170484FRA; readopted filed Oct 16, 2024, 11:20 a.m.: 20241113-IR-405230817RFA)