Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 260. Office of Management and Enterprise Services |
Chapter 40. Employee Benefits Department |
Subchapter 24. Health Savings Account |
SECTION 260:40-24-3. Requirements for eligibility
Latest version.
- (a) Upon submission of the election through an authorized procedure as prescribed by the Plan Administrator, an employee eligible to participate under the Flexible Benefits Plan who has elected a qualified high deductable health care option shall be eligible to participate in the Health Savings Account option, provided they have not attained the age of 65 years and become Medicare eligible.(b) Additionally, an employee enrolled in a high deductable health plan may not enroll in a Health Reimbursement account.