415-H:1 Purpose and Intent. – This chapter shall be known as the Stop Loss Insurance Act. The purpose of this chapter is to establish criteria for the issuance of stop loss insurance policies. Nothing in this chapter shall be construed as imposing any requirement or duty on any person other than an insurer or […]
415-H:2 Definitions. – I. " Actuarial certification " means a written statement by a member of the American Academy of Actuaries, or other individual acceptable to the commissioner, that an insurer is in compliance with the provisions of this chapter, based upon the individual’s examination and including a review of the appropriate records and […]
415-H:3 Stop Loss Insurance Coverage Standards. – I. An insurer shall not issue or renew a stop loss insurance policy or certificate that: (a) Has an annual attachment point for claims incurred per individual which is lower than $20,000; (b) Has an annual aggregate attachment point, for groups of 50 or fewer, that is […]
415-H:4 Actuarial Certification. – An insurer shall file with the commissioner annually on or before March 15, an actuarial certification certifying that the insurer is in compliance with this chapter. The certification shall be in a form and manner, and shall contain information, specified by the commissioner. A copy of the certification shall be […]
415-H:5 Rulemaking. – The commissioner may adopt rules in accordance with RSA 541-A that carry out the requirements of this chapter and prescribe additional standards for stop loss insurance policies. Source. 2006, 217:1, eff. Jan. 1, 2007.
