3 Alaska Admin. Code § 29.320
Current through November 28, 2024
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.
3 AAC 29.320
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