INSURANCE DEDUCTIBLE LIMITS

Plain English Breakdown

The effective date is missing from the provided metadata and text excerpt.

Limits on Health Insurance Deductibles

This bill sets the maximum annual deductible that health insurance companies in Alaska can require for individual and family plans.

What This Bill Does

• Sets a limit of $1,700 for an individual plan's annual deductible.
• Sets a limit of $3,400 for a family plan's annual deductible.
• Applies to insurers that offer, issue, deliver, or renew health care insurance policies.

Who It Names or Affects

• Health insurance companies in Alaska
• People with individual health insurance plans
• Families covered under family health insurance plans

Limits and Unknowns

• The official text does not state when this law will take effect.
• The provided excerpt does not explain penalties for insurers that charge more than the limit.

Official Summary Text

INSURANCE DEDUCTIBLE LIMITS
An Act relating to health care insurance deductibles.

Current Bill Text

HB0294a -1- HB 294
New Text Underlined [DELETED TEXT BRACKETED]

34-LS1381\A

HOUSE BILL NO. 294

IN THE LEGISLATURE OF THE STATE OF ALASKA

THIRTY-FOURTH LEGISLATURE - SECOND SESSION

BY REPRESENTATIVE GRAY

Introduced: 2/4/26
Referred: Labor and Commerce, Finance

A BILL

FOR AN ACT ENTITLED

"An Act relating to health care insurance deductibles." 1
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 2
* Section 1. AS 21.36 is amended by adding a new section to article 5 to read: 3
Sec. 21.36.530. Health care insurance deductibles. An insurer that offers, 4
issues for delivery, delivers, or renews a health care insurance policy may not require 5
an annual deductible that exceeds 6
(1) $1,700 for an individual plan; or 7
(2) $3,400 for a family plan. 8