Annual Survey on Health Insurance

THE STATE 01ALASKA Department of Commerce, Community, and Economic Development GOVERNOR Bl LL WALKER BULLETIN 17-02 DIVISION or INSURANCE P.O. Box 110805 Juneau. AK 99811-0805 Main: 907.465.2515 Fax: 907.465.3422 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 infonnation regarding health insurance, including the number of individual and group policies sold or tenninated 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 your company reported no direct premiums or paid claims on their annual statement, via email to the division at insinfo@alaska.gov by May 5, 2017. 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 email to the division at insinfo@alaska.gov with "NO DATA TO REPORT" in the body of the email along with contact infonnation. 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 infonnation 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 fonn 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 online and must be completed in Microsoft Excel and submitted electronically. The survey is available at https://www.commerce.alaska.gov/webfins/Resources/Bulletins.aspx. Please follow these steps to submit a survey: 1. Download the survey and instructions. 2. Provide the requested data according to the survey instructions. 3. Save the document with the following format "ABC Ins Co NAIC 12345 2017.xls." 4. Email the completed survey as an attachment to insinfo@alaska.sov. Include the full company name and NAIC number in the subject line. If you have questions regarding the survey or instructions, contact Jake Lauten at (907) 465-5471 or Jacob.Lauten@alaska.gov. Dated this ~ day of March, 2017