Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 28 - Life, Health, Variable, and Related Insurance
Article 5 - Health Insurance Marketed as Medicare Supplements
3 AAC 28.507 - Prohibition against preexisting conditions, waiting periods, elimination periods, and probationary periods in replacement policies or certificates
Current through February 24, 2025
(a) If a medicare supplement policy or certificate replaces another medicare supplement policy or certificate, the replacing issuer shall waive any time periods applicable to preexisting conditions, waiting periods, elimination periods, and probationary periods in the new medicare supplement policy or certificate for similar benefits to the extent that that time was spent under the original policy.
(b) If a medicare supplement policy or certificate replaces another medicare supplement policy or certificate that has been in effect for at least six months, the replacing policy or certificate must not provide any time period applicable to preexisting conditions, waiting periods, elimination periods, and probationary periods for benefits similar to those contained in the original policy or certificate.
In 2010 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 21.89.060 as AS 21.96.060. As of Register 196 (January 2011), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to the authority citation that follows 3 AAC 28.507, so that the citation to former AS 21.89.060 now refers to the renumbered statute, AS 21.96.060.
Authority:AS 21.06.090
AS 21.42.130
AS 21.96.060