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RSA 5-B:1 · Purpose

Title
I: THE STATE AND ITS GOVERNMENT
Chapter
5-B · POOLED RISK MANAGEMENT PROGRAMS
Status
current
Official source linked
Yes
Official source Copy section link

5-B:1 Purpose. – The purpose of this chapter is to provide for the establishment of pooled risk management programs and to affirm the status of such programs established for the benefit of political subdivisions of the state. The legislature finds and determines that insurance and risk management is essential to the proper functioning of political subdivisions; that risk management can be achieved through purchase of traditional insurance or by participation in pooled risk management programs established for the benefit of political subdivisions; that pooled risk management is an essential governmental function by providing focused public sector loss prevention programs, accrual of interest and dividend earnings which may be returned to the public benefit and establishment of costs predicated solely on the actual experience of political subdivisions within the state; that the resources of political subdivisions are presently burdened by the securing of insurance protection through standard carriers; and that pooled risk management programs which meet the standards established by this chapter should not be subject to insurance regulation and taxation by the state. Source. 1987, 329:1, eff. July 24, 1987.

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Source note

Source. 1987, 329:1, eff. July 24, 1987.

Source history

  • 1987, 329:1, eff. July 24, 1987

Related materials

Bill relationships

  • 2026 HB1064 reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 HB1064-FN reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 HB1323 reference · effective 2027-01-01

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 HB1323-FN reference · effective 2027-01-01

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 HB1457 amend · effective 2026-07-01

    the body-$140, plus mileage at the state rate; pre-cremation examinations conducted pursuant to RSA 325-A:18-$50; pre-natural organic reduction examinations conducted pursuant to RSA 325-B:14-$60. 6 Effective Date. This act shall take effect July 1, 2026. LBA 26-2919 2/24/26 HB 1457-FN- FISCAL NOTE AS AMENDED BY THE HOUSE (AMENDMENT #2026-0560h) AN ACT relative to natural organic reduction o

  • 2026 HB1457-FN amend · effective 2026-07-01

    the body-$140, plus mileage at the state rate; pre-cremation examinations conducted pursuant to RSA 325-A:18-$50; pre-natural organic reduction examinations conducted pursuant to RSA 325-B:14-$60. 6 Effective Date. This act shall take effect July 1, 2026. LBA 26-2919 2/24/26 HB 1457-FN- FISCAL NOTE AS AMENDED BY THE HOUSE (AMENDMENT #2026-0560h) AN ACT relative to natural organic reduction o

  • 2026 HB1491 amend · effective 2029-07-01

    more political subdivisions for the purpose of jointly covering risk that is not organized and operated as an assessable risk pool regulated in accordance with the requirements of RSA 5-B. XII. "RBC instructions" means the RBC report including risk-based capital instructions adopted by the NAIC, as such RBC instructions may be amended by the NAIC from time to time in accordance with the procedures adop

  • 2026 SB409 reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 SB409-FN reference · effective 2027-01-01

    t, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the insuring company or state or municipal subdivision thereof shall not be allowed to

  • 2026 SB498 reference

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 SB498-FN reference

    or fully insured and self-funded health plans. The assessment base would include covered lives in the state employee health plan, as well as pooled risk management programs under RSA 5-b. The funds provided for this purpose would be deposited in a dedicated fund administered by the insurance commissioner. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

  • 2026 SB53 related · effective 2025-07-01

    the body-$140, plus mileage at the state rate; pre-cremation examinations conducted pursuant to RSA 325-A:18-$50; pre-natural organic reduction examinations conducted pursuant to RSA 325-B:14-$60. 6 Effective Date. This act shall take effect July 1, 2025. LBA 25-1045 12/27/24 SB 53-FN- FISCAL NOTE AS INTRODUCED AN ACT relative to natural organic reduction of human remains. FISCAL IMPACT:

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