A self-funded multiple employer welfare arrangement must provide a written notice to each participating employee at the time that coverage becomes effective. The notice must
(1) be clear and conspicuous;
(2) be in at least 10-point type;
(3) state that
(A) the coverage is issued by a self-funded multiple employer welfare arrangement;
(B) coverage and benefits provided under a self-funded multiple employer welfare arrangement are not protected by the Alaska Life and Health Insurance Guaranty Association; and
(C) if the self-funded multiple employer welfare arrangement does not pay expenses that are eligible for payment under the plan for any reason, the employer or employee covered by the plan may be responsible for the payment of those expenses.
Section: Previous 21.85.010 21.85.020 21.85.030 21.85.040 21.85.050 21.85.060 21.85.070 21.85.080 21.85.090 21.85.100 21.85.500 NextLast modified: November 15, 2016