AK HB402

Removes requirement that committee determine reimbursable medical expenses annually based on appropriated funds and expected need, allowing broader coverage discretion.

Increases health insurance premium deduction cap from $500 to $1,000 for applicant's share calculation when incurred within 12 months of catastrophic illness or injury.

Changes committee's adoption of reimbursement formula from "as frequently as necessary" to permanent adoption, removing consideration of appropriated funds and expected need from formula decisions.

Clarifies reimbursement limitations: cannot exceed 100% of unpaid medical bills (excluding interest/penalties), limited to costs incurred within one year after first charge, and requires $1,000 minimum in total expenses before reimbursement applies.

Repeals provisions limiting reimbursement based on annual committee determinations and removes exclusion of costs incurred before July 1976; takes effect July 1, 2010.