The bill amends Alaska's insurance regulation laws by adding a new subsection to AS 21.03.021, which explicitly states that the title does not apply to prepaid legal plans. A prepaid legal plan is defined as an arrangement where a member pays in advance for specific legal services that are available to them or their dependents.

Additionally, the bill outlines the structure of these prepaid legal plans, specifying that the organization involved contracts directly with an attorney to provide the legal services and pays the attorney a fixed, prearranged fee. Importantly, the attorney is prohibited from receiving any additional payments or reimbursements from the organization for the legal services rendered under this arrangement.

Statutes affected:
HB0211A, AM HB 211, introduced 04/30/2025: 21.03.021