An Act relating to insurance; and providing for an effective date.

HB 148 requires health insurers in Alaska to offer non-network coverage options at initial enrollment, allowing consumers to choose out-of-network providers with potential higher costs (like deductibles or premiums). It also mandates clearer disclosure on prior authorization forms about how to request exceptions for out-of-network care and how claims will be processed. The bill extends the time limit for prosecuting life insurance-related offenses by up to 20 years beyond standard deadlines. These changes directly affect health insurance consumers, providers, and insurers by increasing transparency and options in coverage.