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HB 290: "An Act relating to membership in the Comprehensive Health Insurance Association."

00 HOUSE BILL NO. 290 01 "An Act relating to membership in the Comprehensive Health Insurance Association." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 21.55.010 is amended to read: 04 Sec. 21.55.010. Creation; membership. There is established a nonprofit 05 incorporated legal entity to be known as the Comprehensive Health Insurance 06 Association. Membership consists of (1) all licensed hospital or medical service 07 corporations in the state that offer subscriber contracts for major medical coverage; (2) 08 [,] all health maintenance organizations or other managed care arrangements approved 09 by the director; (3) to the extent permitted under federal law, all employers who 10 are self-insured and who offer major medical coverage on an expense incurred 11 basis to employees; (4) the State of Alaska; [,] and (5) all insurers licensed to 12 transact health insurance in the state that offer policies for major medical coverage on 13 an expense incurred basis. All members shall maintain membership in the association 14 as a condition of doing [HEALTH INSURANCE] business, or being able to offer 15 subscriber contracts or enrollment in a health maintenance organization or managed

01 care arrangement, in the state.