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RSA 420-G:10 · Qualified Association Trust and Qualified Purchasing Alliance
420-G:10 Qualified Association Trust and Qualified Purchasing Alliance. –
Copy linkA qualified association trust or other entity, as defined in RSA 420-G:2, XV, and a qualified purchasing alliance, as defined in RSA 420-M:2, X, shall:
Copy linkComply with the rating restrictions outlined in RSA 420-G:4 for all small employer members with 50 or fewer employees based upon the association's or alliance's group experience, except that for a qualified association trust, no rating factor shall be utilized without the express written consent of the association.
Copy linkOffer all eligible members, as defined under the applicable trust or other documents, coverage and rates on a guaranteed issue and renewable basis.
Copy linkProhibit any employer that voluntarily discontinues participation in either a qualified association trust or a qualified purchasing alliance from rejoining for a period of at least 24 months.
Copy linkNothing in this chapter shall be interpreted to limit the size of employers who may participate in coverage with a qualified association trust or a qualified purchasing alliance. Source. 1997, 344:1. 2003, 188:8. 2010, 346:10, eff. July 20, 2010.
Copy linkSource note
Source. 1997, 344:1. 2003, 188:8. 2010, 346:10, eff. July 20, 2010.
Source history
- 1997, 344:1
- 2003, 188:8
- 2010, 346:10, eff. July 20, 2010