Alaska HB211 clarifies that the state's insurance regulation does not apply to prepaid legal plans.
Alaska HB211 specifies that the state's insurance regulation does not apply to prepaid legal plans. A prepaid legal plan is defined as an arrangement where a member prepays for specified legal services, the organization contracts directly with an attorney, and the attorney does not receive additional payment for those services. This clarification ensures that such plans are not subject to insurance regulation.
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