Purpose

The purpose of 3 AAC 28.410 - 3 AAC 28.510 is to protect the public by (1) standardizing and simplifying the terms and benefits of medicare supplement policies; (2) eliminating policy or contract provisions that are misleading or confusing; (3) providing for full disclosure in the sale of health insurance coverage to persons eligible for medicare; and (4) facilitating public understanding and comparison of medicare supplement policies.