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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 7. Health and Social Services. |
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Part 7.1. Administration. |
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Chapter 7.24. Health Care Professions Loan Repayment and Incentive Program. |
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Article 7.24.1. Eligible Sites and Program Participation. |
Section 7.24.060. Calculation of employer payments.
Latest version.
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(a) To determine the amount of a quarterly matching payment required under AS 18.29.015(d), the commissioner will use the percentages set out in this section. (b) If the employer is a government agency, the match amount is 10 percent. (c) If the employer is a nonprofit entity, the match amount is (1) 25 percent; or (2) 10 percent, if the department grants a waiver under this paragraph; to obtain a waiver, the employer must (A) complete a form provided by the department; (B) provide documentation satisfactory to the department that more than 50 percent of the entity's (i) patients are underserved under AS 18.29.035(c)(1), (2), or (3); or (ii) revenue comes from patients who are underserved under AS 18.29.035(c)(1), (2), or (3); and (C) provide documentation satisfactory to the department that (i) the entity has under $5,000,000 in annual revenue; or (ii) less than 15 percent of the total of annual reimbursements and revenue to the entity is from insurance, philanthropic grant money, private payers, or other private sources. (d) If the employer is a for-profit entity, the match amount is (1) 30 percent; or (2) 15 percent, if the department grants a waiver under this paragraph; to obtain a waiver, the employer must (A) complete a form provided by the department; (B) provide documentation satisfactory to the department that more than 50 percent of the entity's (i) patients are underserved under AS 18.29.035(c)(1), (2), or (3); or (ii) revenue comes from patients who are underserved under AS 18.29.035(c)(1), (2), or (3); and (C) provide documentation satisfactory to the department that (i) the entity has under $5,000,000 in annual revenue; or (ii) less than 15 percent of the total of annual reimbursements and revenue to the entity is from insurance, philanthropic grant money, private payers, or other private sources.