Notwithstanding the provisions of subsection k. of section 3 of P.L. 1992, c.162 (C.17B:27A-19) regarding deductibles for a high deductible health plan, a health benefits plan offered pursuant to P.L. 1992, c.162 (C.17B:27A-17 et seq.) on or after the effective date of P.L. 2005, c. 248(C.17:48E-35.27 et al.), that qualifies as a high deductible health plan for which qualified medical expenses are paid using a health savings account established pursuant to section 223 of the federal Internal Revenue Code of 1986 (26 U.S.C. s. 223), shall not apply a deductible for any benefits for which a deductible is not applicable pursuant to any law enacted after the effective date of P.L. 2005, c. 248(C.17:48E-35.27 et al.). This section shall apply to all small employer health benefits plans in which the carrier has reserved the right to change the premium.
N.J.S. § 17B:27A-19.14