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Title 3 . Commerce, Community, and Economic Development
Chapter 29 . Miscellaneous
Section 320. Premium rates

3 AAC 29.320. Premium rates

Premium rates under a group-marketed plan must comply with AS 21.39. Rates are not unfairly discriminatory merely because different premiums result for policyholders with like loss exposures but different expense factors, or like expense factors but different loss exposures, as long as the rates reflect the differences with reasonable accuracy. Rates are not unfairly discriminatory if they are averaged broadly among persons insured under a group-marketed plan.

History: Eff. 1/4/95, Register 133

Authority: AS 21.06.090

AS 21.36.190

AS 21.39.020

AS 21.39.030

AS 21.39.040

AS 21.39.130


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Last modified 7/05/2006