The bill amends Alaska's existing health insurance laws by introducing a new section, AS 21.36.497, which mandates that health care insurers reimburse non-network health care providers for services or supplies at a minimum rate of 75 percent of the median reimbursement rate that would be paid to network providers for the same services. This reimbursement is based on the insurer's network rates at the time the service is delivered.

This legislation aims to ensure that non-network providers receive fair compensation for their services, aligning their reimbursement rates more closely with those of network providers. The bill defines "health care insurer" as per the existing law in AS 21.54.500, thereby maintaining consistency in terminology within the legal framework.

Statutes affected:
SB0266A, AM SB 266, introduced 02/23/2026: