(a) There is established a nonprofit incorporated legal entity to be known as the Comprehensive Health Insurance Association. Membership consists of all licensed hospital or medical service corporations in the state that offer subscriber contracts for major medical coverage, all health maintenance organizations or other managed care arrangements approved by the director, all licensed self-funded […]
(a) The board of directors of the association consists of seven individuals. Five board members shall be selected by association members, subject to approval by the director of the division of insurance, and two board members shall be consumers selected by the director of the division of insurance. The director or the director’s designee is […]
The association may (1) exercise the powers granted to insurers under the laws of the state; (2) sue or be sued; (3) enter into contracts with insurers, similar associations in other states, or with other persons for the performance of administrative functions; (4) establish administrative and accounting procedures for the operation of the association; and […]
(a) The association shall submit to the director a plan of operation and amendments necessary or suitable to assure the fair, reasonable, and equitable administration of the association. The plan of operation and amendments become effective upon approval in writing by the director. If the association fails to submit a suitable plan of operation by […]
The association is exempt from AS 44.62 (Administrative Procedure Act).
The association is exempt from the payment of fees and taxes levied by the state or any of its political subdivisions except taxes levied on real or personal property.
