Alaska Stat. § 21.51.405. Rate requirements; filings; regulations: Health Insurance Policies – AlaskaStatus: Enacted
Year Enacted: 2005
Year Amended: 2011
States that “[r]ates charged for a health insurance policy may not be excessive, inadequate, or unfairly discriminatory.” Insurers must file rate changes with the director of insurance, who has an opportunity to demand information and disapprove of the change during the statutorily provided waiting period before the change becomes effective.