Alaska Stat. § 21.51.405 – Alaska

Status: Enacted
Link: http://www.legis.state.ak.us/basis/statutes.asp - 21.51.405

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 ofinsurance, who has an opportunity to demand information and disapprove of the change during the statutorily provided waiting period before the change becomes effective.

Associated Litigation:

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