Section 2.39.925. Definitions.

In 2 AAC 39.900 - 2 AAC 39.925, unless the context requires otherwise,  
		(1) "catastrophic coverage" means a health care insurance plan that  
			(A) provides benefits for hospital and medical care with a lifetime maximum benefit per insured of at least $250,000; and  
			(B) has a deductible of at least $5,000;  
		(2) "employee-only coverage" means a health care insurance plan that covers the employee with at least 70 percent coinsurance and an out-of-pocket limit of no more than $3,500;  
		(3) "family coverage" means a health care insurance plan that covers all eligible members of the family with at least 70 percent coinsurance and out-of-pocket limits of no more than $3,500 per individual;  
		(4) "out-of-pocket limit" means the amount the member needs to pay in coinsurance before the plan pays covered medical expenses at 100 percent.   

Authorities

39.30.090;39.30.091

Notes

Reference

2 AAC 39.925

Authority

AS 39.30.090 AS 39.30.091 ________________________

History

Eff. 7/1/2003, Register 166