Alaska § 21.51.405 - Rate requirements; filings; regulations.
Full text of Alaska Alaska Statutes § 21.51.405 — Rate requirements; filings; regulations., with citation guidance and answers to common questions.
§ 21.51.405. Rate requirements; filings; regulations.
(a) Rates charged for a health insurance policy may not be excessive, inadequate, or unfairly discriminatory.
(b) An insurer shall file with the director the premium rates charged for an individual health care insurance plan before using them. A premium rate or premium rate change must be on file with the director for a waiting period of at least 45 days before the effective date of the premium rate. That period may be extended by the director or the insurer for an additional 15 days if, during the initial 45-day waiting period, notice is given stating that additional time for consideration of the filing is needed. A filing may become effective at the end of the waiting period unless disapproved by the director during the waiting period. If an insurer fails to provide information requested by the director during the waiting period, the filing is considered withdrawn by the insurer, and the premium rate does not become effective.
(c) The director shall adopt regulations (1) establishing procedures for filing and use of rates; and
(2) specifying information that must be submitted in a filing required under (b) of this section.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.51.405
What does Alaska Statutes § 21.51.405 cover?
Section 21.51.405 ("Rate requirements; filings; regulations.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 21.51.405?
A common citation format is "Alaska Statutes § 21.51.405" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 21.51.405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.