(a) A hospital service corporation shall have the right to provide to its subscribers part or all of the following services and benefits only:

Terms Used In Alaska Statutes 21.87.130

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(1) hospital services furnished to the subscriber by participant hospitals;
(2) indemnity in a reasonable amount with respect to hospital services furnished to the subscriber by nonparticipant hospitals, but subject to Alaska Stat. § 21.87.070(3);
(3) indemnity in a reasonable amount for other health care services, as defined in Alaska Stat. § 21.87.330.
(b) This section does not prohibit the corporation from acting as compensated servicing agent as to health care services to be provided by a public agency, or under agreements between other parties not solicited by the corporation.