New Hampshire § 404-C:2 Purposes and Contents of Risk Sharing Plans

New Hampshire Statutes

§ 404-C:2 — Purposes and Contents of Risk Sharing Plans

New Hampshire § 404-C:2

Title XXXVIIINSURANCE

Ch. 404-CMANDATORY RISK SHARING PLANS

This text of New Hampshire § 404-C:2 (Purposes and Contents of Risk Sharing Plans) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 404-C:2 (2026).

Text

Any plan promulgated or prepared as provided in RSA 404-C:1 shall: I. Give consideration to:

(a)The need for adequate and readily accessible coverage;

(b)Alternative methods of improving the market affected;

(c)The inherent limitations of the insurance mechanism;

(d)The need for reasonable underwriting standards; and

(e)The requirement of reasonable loss prevention measures; II. Establish procedures that will create minimum interference with the voluntary market; III. Spread the burden imposed by the plan equitably and efficiently within the industry; and IV. Establish procedures for applicants and participants to have grievances reviewed by an impartial body.

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Any plan promulgated or prepared as provided in RSA 404-C:1 shall:
I. Give consideration to:
(a) The need for adequate and readily accessible coverage;
(b) Alternative methods of improving the market affected;
(c) The inherent limitations of the insurance mechanism;
(d) The need for reasonable underwriting standards; and
(e) The requirement of reasonable loss prevention measures;
II. Establish procedures that will create minimum interference with the voluntary market;
III. Spread the burden imposed by the plan equitably and efficiently within the industry; and
IV. Establish procedures for applicants and participants to have grievances reviewed by an impartial body.