Alaska Statutes Title 21, Chapter 21.85 - Regulation of Multiple Employer Welfare Arrangements

• Sec. 21.85.010 Certificate of Authority Required.
  (a) A person may not establish or maintain a self-funded multiple employer welfare arrangement except as authorized by a subsisting certificate of authority issued...
• Sec. 21.85.020 Name.
  A self-funded multiple employer welfare arrangement may not use a name that includes the words "insurance," "casualty," "surety," "health and accident," "mutual," or other...
• Sec. 21.85.030 Qualifications for a Certificate of Authority.
  (a) The director may not issue a certificate of authority to a self-funded multiple employer welfare arrangement unless the arrangement establishes to the satisfaction...
• Sec. 21.85.040 Application for a Certificate of Authority.
  To apply for an original certificate of authority, a self-funded multiple employer welfare arrangement shall file with the director its application, accompanied by the...
• Sec. 21.85.050 Minimum Reserves.
  A self-funded multiple employer welfare arrangement shall establish and maintain reserves equal to the greater of(1) 30 percent of the unpaid claim liability of...
• Sec. 21.85.060 Investments.
  A multiple employer welfare arrangement shall maintain an amount at least equal to 85 percent of net unpaid claim liability in(1) cash and cash...
• Sec. 21.85.070 Contribution Rates.
  (a) A self-funded multiple employer welfare arrangement shall establish and maintain contribution rates that(1) fund the greater of(A) the amount recommended and certified by...
• Sec. 21.85.080 Reporting Requirements.
  (a) A self-funded multiple employer welfare arrangement shall annually, before March 2, file with the director on forms prescribed by the director, a full...
• Sec. 21.85.090 Consumer Information Notice.
  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...
• Sec. 21.85.100 Applicability of Other Provisions.
  In addition to the provisions contained or referred to in this chapter, the following chapters and provisions of this title also apply with respect...
• Sec. 21.85.500 Definitions.
  In this chapter,(1) "allowable benefit" means a benefit for medical care;(2) "bona fide association" has the meaning given in AS 21.54.500 ;(3) "claims liability"...

Last modified: November 15, 2016