Petersburg Pilot -

Premera to reimburse Alaska state insurance program $25M

 

December 7, 2017



FAIRBANKS, Alaska (AP) — Alaska’s lone individual insurance carrier has reached an agreement with the state Division of Insurance to make a one-time $25 million reimbursement.

Premera Blue Cross Blue Shield of Alaska announced on Friday that its reimbursement will go toward funding high-cost health insurance claims through the Alaska Reinsurance Program, the Fairbanks Daily News-Miner reported.

The state-operated reinsurance program aims to stabilize customers’ premiums by covering claims in the individual health care market for those with one or more of the 33 previously identified h...



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