(a) Unless prohibited by federal law, an insurer authorized under Alaska Stat. Chapter 21.09 to offer, issue for delivery, deliver, or renew an individual or group health insurance policy for major medical coverage on an expense incurred basis; a health maintenance organization authorized under Alaska Stat. Chapter 21.86 to offer a contract to provide major medical health care services on a prepaid basis; or a service corporation authorized under Alaska Stat. Chapter 21.87 to offer or renew an individual or group subscriber’s contract for major medical coverage shall include a coordination of benefits provision in a major medical policy or contract.
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Terms Used In Alaska Statutes 21.42.205

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b) The director may adopt regulations to implement this section.
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