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Home » US Law » 2022 Code of Alabama » Title 27 - Insurance. » Chapter 21 - Alabama Health Care Plan.

Section 27-21-1 – Purpose of Chapter.

Section 27-21-1 Purpose of chapter. The Legislature of Alabama takes cognizance of the existence of many Alabama citizens who are unable to obtain adequate health care protection by reason of economic, physical, or other related causes. It is the purpose of the Legislature to provide adequate health care protection through this plan to those persons […]

Section 27-21-2 – Offering of Insurance.

Section 27-21-2 Offering of insurance. Any insurer authorized and licensed to engage in the business of health insurance in this state may join with one or more other such insurers to offer to any resident of this state, who meets the qualifications established by the commissioner, insurance against major financial loss from accident or disease. […]

Section 27-21-3 – Premium Rates and Administration Expenses.

Section 27-21-3 Premium rates and administration expenses. Each insurer or association electing to come under the provisions of this chapter shall charge the same premium for the same insurance coverage and be allowed the same percentage for expense of administration. Such premium rate and percentage for administration expense shall be determined and approved by the […]

Section 27-21-4 – Exemption From Premium Tax; Deduction of Losses Therefrom.

Section 27-21-4 Exemption from premium tax; deduction of losses therefrom. The premiums collected under the provisions of the health care plan are hereby exempt from the payment of premium tax under Chapter 4 of this title. Any losses suffered as a direct result of operation under the plan by those organizations electing to join and […]

Section 27-21-6 – Short Title.

Section 27-21-6 Short title. This chapter shall be known as the Alabama Health Care Plan and may be referred to by that designation. (Acts 1971, No. 501, p. 1218.)