Bill > HB211

This bill modifies Alaska's insurance regulations by adding a new provision that specifically exempts prepaid legal plans from insurance title regulations. A prepaid legal plan is defined as a contractual arrangement where a member pays in advance for specific legal services for themselves or their dependents, and the organization facilitates this by directly contracting with an attorney and paying them a fixed, prearranged amount. Importantly, under this arrangement, the contracted attorney cannot receive any additional payment or reimbursement beyond the prearranged fee for the specified legal services. By creating this exemption, the bill provides a clear regulatory framework for how prepaid legal plans can operate outside of traditional insurance regulations, potentially making such plans more accessible and straightforward for consumers seeking predictable legal service coverage.

Justice

https://www.akleg.gov/basis/Bill/Detail/34?Root=HB211