(1) The state of Montana administers a Voluntary Employees Beneficiary Association (VEBA) that allows Montana public employees to access health reimbursement accounts for themselves, their spouses, and their qualified dependents funded by employer contributions and earnings from investment of the contributions. This program is called the Montana VEBA Health Reimbursement Account (HRA).
(2) The Department of Administration shall approve groups across the state, provide access to the Montana VEBA HRA by eligible contracting employers, and determine the investment vehicles available to members.
(3) The objective of these rules is to establish consistent and cost-effective procedures for establishing and maintaining groups and account contributions.