2013 Alaska Statutes
Title 21 - INSURANCE
Chapter 21.85 - REGULATION OF MULTIPLE EMPLOYER WELFARE ARRANGEMENTS
Sec. 21.85.090 Consumer information notice.
A self-funded multiple employer welfare arrangement must provide a written notice to each participating employee at the time that coverage becomes effective. The notice must
(1) be clear and conspicuous;
(2) be in at least 10-point type;
(3) state that
(A) the coverage is issued by a self-funded multiple employer welfare arrangement;
(B) coverage and benefits provided under a self-funded multiple employer welfare arrangement are not protected by the Alaska Life and Health Insurance Guaranty Association; and
(C) if the self-funded multiple employer welfare arrangement does not pay expenses that are eligible for payment under the plan for any reason, the employer or employee covered by the plan may be responsible for the payment of those expenses.
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