State officials propose program to address rising health insurance rates

State officials in Alaska are proposing a program to address high-cost health insurance claims in hopes of stabilizing rising rates on the individual policy market.
Just two companies serve the individual market in Alaska and have filed for double-digit rate increases each of the last two years. State officials say that’s not sustainable. They hope that reviving a high-risk pool to handle claims for the costliest conditions will bring some relief. The idea is to spread the cost of those cl