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SB614: (New Title) establishing multiple-caregiver self-insured risk coverage arrangements for nonprofit and for-profit providers and servicers.
Bill details
No mirrored bill text is available for this bill yet. Use the official source links below for the full current record.
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Related law links
RSA references from bill data
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400-A:16
· related
· effective 2027-07-01
pledge assets in its name. III. Joint self-insurance arrangements shall be governed by this chapter and shall be exempt from this title, except for the provisions of: (a) RSA 400-A:16, relative to investigations; (b) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402
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400-A:17
· related
· effective 2027-07-01
insurance arrangements shall be governed by this chapter and shall be exempt from this title, except for the provisions of: (a) RSA 400-A:16, relative to investigations; (b) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f)
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400-A:24
· related
· effective 2027-07-01
s shall be governed by this chapter and shall be exempt from this title, except for the provisions of: (a) RSA 400-A:16, relative to investigations; (b) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative
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400-A:32
· reference
· effective 2027-07-01
rrangement shall not constitute doing an insurance business for purposes of regulation or taxation. Such self-insurance arrangements shall not be subject to the premium tax under RSA 400-A:32 and shall not be subject to assessment with respect to the administration fund under RSA 400-A:39. II. Any such arrangement operating under this chapter, whether or not a body corporate, trust, or charter, may sue o
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400-A:37
· related
· effective 2027-07-01
t from this title, except for the provisions of: (a) RSA 400-A:16, relative to investigations; (b) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417
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400-A:39
· reference
· effective 2027-07-01
. Such self-insurance arrangements shall not be subject to the premium tax under RSA 400-A:32 and shall not be subject to assessment with respect to the administration fund under RSA 400-A:39. II. Any such arrangement operating under this chapter, whether or not a body corporate, trust, or charter, may sue or be sued, make contracts, hold and dispose of real property, borrow money, contract debts, and ple
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402-B
· related
· effective 2027-07-01
f: (a) RSA 400-A:16, relative to investigations; (b) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and
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402-H
· related
· effective 2027-07-01
) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and fraud investigations. IV. This section does not apply
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402-J
· related
· effective 2027-07-01
gs and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and fraud investigations. IV. This section does not apply to or provide exemptions for insurance companies issuing
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405-A
· reference
· effective 2027-07-01
ually self-insures for property and liability risks; II. Participates in a risk pooling arrangement, including a risk retention group or a risk purchasing group, regulated under RSA 405-A, or is a captive insurer authorized in its state of domicile; or III. Comprises only units of local government or is a group that comprises local governments joined by an interlocal agreement authorized by RSA 5-B.
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405-C:6
· reference
· effective 2027-07-01
ssioner may prescribe an amount more than $500,000 after due notice and opportunity for a hearing. IV. A plan of management and operation providing the information required in RSA 405-C:6. V. Such additional information as the commissioner may reasonably require to determine compliance with this chapter. 405-C:9 Approval or Disapproval. I. Within 120 days of receipt of an application, the commis
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417:1
· related
· effective 2027-07-01
nations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and fraud investigations. IV. This section does not apply to or provide exemptions for insurance companies issuing policies to cover the arrangement, third-party admin
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541-A
· amend
· effective 2027-07-01
on operating or maintaining an arrangement without a currently effective certificate of approval. 405-C:17 Rulemaking Authority. The commissioner may adopt rules, pursuant to RSA 541-A, as may be necessary to effect the purposes of this chapter. 2 Effective Date. This act shall take effect July 1, 2027. LBA 26-2226 05/15/2026 SB 614-FN- FISCAL NOTE AS AMENDED BY THE HOUSE (AMENDMENT # 20
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5-B
· reference
· effective 2027-07-01
horized in its state of domicile; or III. Comprises only units of local government or is a group that comprises local governments joined by an interlocal agreement authorized by RSA 5-B. 405-C:5 Agreement to Form; Authorized Activities. I. A covered entity may join or form a self-insured risk coverage arrangement together with one or more other covered entities and may jointly purchase insuranc
RSAs mentioned by this document
- RSA 5-B · POOLED RISK MANAGEMENT PROGRAMS
- RSA 400-A · INSURANCE DEPARTMENT
- RSA 402-B · INSURANCE CLAIMS ADJUSTERS
- RSA 402-H · THIRD PARTY ADMINISTRATORS
- RSA 402-J · PRODUCER LICENSING
- RSA 405-A · RISK RETENTION ACT
- RSA 417 · UNFAIR INSURANCE TRADE PRACTICES
- RSA 541-A · ADMINISTRATIVE PROCEDURE ACT
- RSA 400-A:16 · Investigations, Enforcement
- RSA 400-A:17 · Hearings
- RSA 400-A:24 · Appeal From the Commissioner
- RSA 400-A:32 · Premium Tax; Collection, Minimum, Penalty, and Prepayments
- RSA 400-A:37 · Examinations
- RSA 400-A:39 · Administration Fund
- RSA 417:1 · Purpose of Chapter