3 AAC 28.410. Purpose

The purpose of 3 AAC 28.410 - 3 AAC 28.510 is to protect the public by

(1) standardizing and simplifying the terms and benefits of medicare supplement policies;

(2) eliminating policy or contract provisions that are misleading or confusing;

(3) providing for full disclosure in the sale of health insurance coverage to persons eligible for medicare; and

(4) facilitating public understanding and comparison of medicare supplement policies.

History: Eff. 3/26/82, Register 81; am 8/8/90, Register 115; am 7/1/92, Register 122; am 4/20/97, Register 142

Authority: AS 21.06.090

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