Health Reform
The Patient Protection and Affordable Care Act (PPACA) was signed into law on March 23, 2010. This Act will result in changes to health insurance in Alaska.
Some of the changes became effective on September 23, 2010 including a requirement for insurers to extend coverage under the parents policy to children up to age 26, prohibiting insurers from rescinding health insurance policies except for fraud or intentional misrepresentation , prohibiting insurers from imposing a preexisting condition waiting period on children under 19, removing lifetime limits and phasing out annual limits on coverage, covering preventive health care services without cost-sharing and other requirements. However, some of the requirement only apply to new issued plans, and some of the requirements will not take effect until your plans renews.
The Alaska Division of Insurance regulates health insurers writing insurance in Alaska and will enforce these requirements.
Many other changes, such as an insurance "exchange," will not take effect for several years.
