AK Insurance Bulletin B14-02

Annual Survey on Health Insurance

Year: 2014Length: 497 wordsOfficial source
Department of Commerce, Community, and Economic Development GOVERNOR SEAN PARNELL BULLETIN B 14-02 DIVISION OF INSURANCE Juneau Office P.O. Box 110805 Juneau, Alaska 99811-0805 Main: 907.465.2515 Fax: 907.465.3422 TDD: 907.465.5437 TO: ALL INSURERS AUTHORIZED TO TRANSACT HEALTH INSURANCE BUSINESS IN THE STATE OF ALASKA,AND OTHER INTERESTED PARTIES RE: ANNUAL SURVEY ON HEALTH INSURANCE AS 21.06.110 requires the director to report on an annual basis "statistical information regarding health insurance, including the number of individual and group policies sold or terminated in the state" and "the annual percentage of health claims paid in the state that meets the requirements of AS 21.36.495(a) and (d)." In order to comply with this statutory requirement, all insurers licensed to transact health insurance business in Alaska must respond with a completed survey, or a statement that the company reported no direct premiums or paid claims on its annual statement, via e-mail to the division at insinfo@alaska.gov by May 1, 2014. Please note that stop loss insurance is considered health insurance in Alaska. Therefore, stop loss insurance must be reported on this survey. All companies that report any direct premiums or paid claims in the annual statement must submit a survey, and unless otherwise described in the instructions for out-of-state policies, the direct premiums and paid claims must match the annual statement data. If your company does not report the foregoing, simply respond by sending an e-mail to the division at insinfo@alaska.gov with "NO DATA TO REPORT" in the body of the e-mail along with contact information. Include the full company name and NAIC number in the subject line. In completing the survey, please take care to review and follow the survey instructions. The information provided in this survey is used in analyzing the health insurance market in Alaska, and summary data from the survey is reported to the Alaska legislature and to the public. It is critical that you provide accurate information. Before sending the completed form to the' division, please verify that the premium and claim data balance to the premium and claim data reported in the National Association of Insurance Commissioners Annual Statement State Page for Alaska or explain the difference, as described in the survey instructions. The bulletin and survey are available on the Internet and must be completed in Microsoft Excel and submitted electronically. To access this survey on the Internet, go to the Alaska Division of Insurance web page at: http://commerce.alaska.gov/d1m/ins/StatutesRegulationsBulletinsExamsOrders/Bulletins.aspx Select Bulletin B 14-02. · - - - - ------ - 1. Open "2014 Survey F onn.xls" and save to your hard drive. 2. Open Microsoft Excel and the document you just saved. 3. Fill in the data requested on the survey form and save the document with the following format "ABC Ins Co NAIC 12345 2014.xls." 4. E-mail the completed survey as an attachment to the division at insinfo@alaska.gov. If you have questions regarding the survey or instructions, contact Katie Campbell by phone, (907) 465-4607, or by e-mail at katie.campbell@alaska.gov. Dated: February _!l_, 2014 ..
AK Insurance Bulletin B14-02: Annual Survey on Health Insurance | Justis AI