Section 2.39.330. Premium payments.  


Latest version.
  • 	(a)  Premium payments for major medical insurance under AS 14.25.168(d) or AS 39.35.535(c) will be deducted from the monthly benefit warrant unless the benefit amount is insufficient to cover the new law benefit recipient's full required premium. If the benefit amount is insufficient to cover the full required premium, the administrator will notify the recipient that premium payments due after that notice must be made directly to the insurance carrier by the recipient.  
    	(b)  Premium payments made by an alternate payee must be made directly to the insurance carrier.  
    	(c)  A person who pays premiums directly to the insurance carrier loses the right to participate in the major medical insurance coverage if  
    		(1) a premium payment is delinquent by more than 60 days; or  
    		(2) premium payments are delinquent by more than 31 days twice in any one calendar year.  
    

Authorities

14.25.168;14.25.170;22.25.027;22.25.090;39.30.090;39.35.535

Notes


Authority
AS 14.25.168 AS 14.25.170 AS 22.25.027 AS 22.25.090 AS 39.30.090 AS 39.35.535
History
Eff. 2/1/93, Register 125