(a) The department shall provide direct incentives in the form of quarterly cash payments to eligible tier I and tier II health care professionals engaged in qualified employment.
(b) Payments made under this section, when combined with a matching payment and a loan repayment amount paid under AS 18.29.025 , if any, may not exceed
(1) $35,000 annually for a tier I health care professional employed in a regular position;
(2) $47,000 annually for a tier I health care professional employed in a very hard-to-fill position;
(3) $20,000 annually for a tier II health care professional employed in a regular position; or
(4) $27,000 annually for a tier II health care professional employed in a very hard-to-fill position.
(c) The commissioner shall calculate the annual incentive payment amount by multiplying the annual maximum payment under (b) of this section by the percentage of full time equivalent employment for each of not more than three years of qualified employment less a matching payment amount as determined under AS 18.29.015 (d) and loan repayment amount, if any, under AS 18.29.025 .
Section: Previous 18.29.010 18.29.015 18.29.020 18.29.025 18.29.030 18.29.035 18.29.099 NextLast modified: November 15, 2016