(a) A rehabilitation, liquidation, or conservation of a health maintenance organization is considered to be a rehabilitation, liquidation, or conservation of an insurer, and shall be conducted under Alaska Stat. Chapter 21.78. The director may apply to the superior court for an order directing the rehabilitation, liquidation, or conservation of a health maintenance organization upon one or more of the grounds contained in Alaska Stat. § 21.78.040, 21.78.050, or 21.78.060, or if, in the director’s opinion, the continued operation of the organization would be hazardous to either enrollees or to the people of the state.
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Terms Used In Alaska Statutes 21.86.210

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(b) Enrollees of a health maintenance organization have the same priority in the event of liquidation or rehabilitation as Alaska Stat. Chapter 21.78 provides to policyholders of an insurer. A claim made by a health care provider in a liquidation or rehabilitation that pertains to services provided to an enrollee, has the same priority as an enrollee if the provider agrees not to assert the claim against an enrollee and if any payment fully discharges the obligation of the enrollee.
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