415-E:7 Insolvency Protection. – I. To assure the faithful performance of its obligations to its member employers and covered employees who are New Hampshire residents and their dependents, every arrangement shall, within 30 days after the close of the arrangement’s fiscal year, deposit with the commissioner cash, securities, or any combination of these or […]
415-E:8 Policy Forms. – I. Whether an arrangement is self-funded or fully insured, no policy or contract form, application form, certificate, rider, endorsement, summary plan description, or other evidence of coverage shall be sponsored or issued by an arrangement unless the form and all changes to it have been filed with the commissioner by […]
415-E:9 Self-Funded Arrangements; Employer Participants’ Liability. – For self-funded arrangements: I. The liability of each employer participant for the obligations of the multiple-employer welfare arrangement shall be individual, several, and proportionate, but not joint. II. Each employer participant shall have a contingent assessment liability pursuant to 415-E:10 for payment of actual losses and expenses […]
