SB67: eliminating health status as a rating factor for small group health insurance.

SB 67 – AS INTRODUCED

2005 SESSION

05-0342

01/10

SENATE BILL 67

AN ACT eliminating health status as a rating factor for small group health insurance.

SPONSORS: Sen. Fuller Clark, Dist 24; Sen. Foster, Dist 13

COMMITTEE: Banks and Insurance

ANALYSIS

This bill eliminates the use of health status as a rating factor for small group health insurance.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05-0342

01/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Five

AN ACT eliminating health status as a rating factor for small group health insurance.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Small Group Health Insurance; Health Status Factor Eliminated. Amend the introductory paragraph of RSA 420-G:4, I(e) to read as follows:

(e) In establishing the premium charged, health carriers providing coverage to small employers shall calculate a rate that is derived from the health coverage plan rate through the application of rating factors that the carrier chooses to utilize for age, group size, industry classification, and geographic location[, and health status]. Such factors may be utilized only in accordance with the following limitations:

2 Repeal. RSA 420-G:4, I(e)(6), relative to health status as a rating factor, is repealed.

3 Effective Date. This act shall take effect 60 days after its passage.