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AK HB372
Bill
AI Summary
HB 372 Summary
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Establishes civil penalties up to $1,000 per violation plus $50 per day for insurers failing to provide requested records to the director within 10 business days
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Requires health care insurers to adopt regulations for utilization review, benefits determination, grievance resolution, and independent review of adverse determinations consistent with National Association of Insurance Commissioners model acts
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Authorizes crop insurance limited producer licenses and adds requirements for third-party administrator notification and reinsurance intermediary broker certifications
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Increases maximum dependent age in health insurance family policies from 23 to 25 years and enhances provider choice protections, including direct access to obstetrical and gynecological care without primary care authorization
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Increases general civil penalty for willful violations of insurance law from $2,500 to $25,000 and establishes definition of "bona fide association" with specific requirements including five-year existence and good faith formation for purposes other than obtaining insurance
Legislative Description
Omnibus Insurance
Physicians
Last Action
EFFECTIVE DATE(S) OF LAW SEE CHAPTER
7/20/2016