AK HB108

Requires health care insurers offering group or individual policies to provide price comparison tools and telephone guidance to help enrollees compare cost-sharing amounts for specific services by provider.

Establishes a mandatory incentive program requiring insurers to pay covered persons who choose lower-cost providers: minimum 33.4% of savings for group plans, minimum 50% for individual market plans, with annual caps tied to the covered person's cost-sharing amount.

Insurers must file program descriptions with the director and annually report incentive program data including total payments, participation rates, and savings by service category.

Clarifies that incentive payments do not violate rebate prohibitions under AS 21.36.100 and are not counted as administrative expenses for rate-setting purposes.

Reserves authority to regulate health care price disclosure to the state, prohibiting municipalities from enacting conflicting ordinances; directs Department of Administration to analyze applying these requirements to state employee health plans by January 31, 2024.