(a) In addition to the provisions of this chapter, the following provisions of this title apply to air ambulance service providers and air ambulance membership agreements to the extent applicable and not in conflict with the express provisions of this chapter and the reasonable implications of the express provisions:

(1) AS 21.36;

(2) AS 21.42.

(b) When applying the provisions listed in (a) of this section, the director shall treat an air ambulance service provider as an insurer and an air ambulance membership agreement as an excepted benefits insurance policy under AS 21.54.160 .

(c) Except as provided in this section, an air ambulance service provider or an air ambulance membership agreement that complies with this chapter is not otherwise subject to this title.