Creation of a medical cannabis insurance market in Alabama
Customize your policy alerts
Sign up for Alabama Department of Insurance Policy 2023-03 alerts
Get alerted when Policy 2023-03 changes without checking for updates manually.
Monitor payer policy activity
This bulletin governs how property and casualty insurers should file rates and forms related to medical cannabis operations in Alabama and advises insurers on the Department's expectations; it affects all property and casualty insurers admitted or doing business in Alabama.
No material clinical or coverage changes in this revision.
Filing & Administrative Coverage Criteria
Administrative filing and statutory requirements
Filing and administrative criteria for insurers providing or proposing policies related to medical cannabis operations:
Coding and Statutory Minimums
| No codes listed |
Required Provider Filings & Procedures
Filing procedures for medical cannabis-related insurance
File all commercial property and casualty medical cannabis-related rate, rule, form, or combination filings under the Department's File and Use System, except that workers' compensation insurance filings related to medical cannabis must be filed under the Prior Approval System. The filing fee is $100.00 per form, rate, rule, or combination filing, with a maximum of $5,000 per submission. File-and-use rate filings will remain in effect for three years or until the Department's staff actuary can forecast rates from statewide experience.
- Use File and Use System for commercial property and casualty rates, rules, forms, and combinations (rule 481-1-123-.03(3)).
- Use Prior Approval System for workers' compensation related to medical cannabis (rule 481-1-123-.03(5)).
- Pay $100 per filing (maximum $5,000 per submission).
- Expect file-and-use rate filings to remain for three years or until actuary can forecast from statewide experience.
Key Definitions
OpenPayer is powered by Trek Health's payer performance platform. Trek continuously ingests, validates, and normalizes Transparency in Coverage data alongside payer policies and other commercial payer data to create a structured payer intelligence foundation. OpenPayer uses this foundation to deliver personalized search results, dynamically generated policy pages, and tailored policy monitoring based on each user's payers, specialties, billing codes, and areas of interest. The same intelligence powers broader payer performance workflows, including reimbursement benchmarking, contract evaluation, payer negotiations, and financial decision-making.