Bill > HB613

This bill makes various changes to RSA 404-G, the law governing the individual health insurance market in New Hampshire. The key provisions include: 1. Authorizing the creation of a nonprofit, voluntary organization called the New Hampshire Individual Health Plan Benefit Association (the "New Hampshire Health Plan") to promote market stability and affordability in the individual health insurance market, as well as support the New Hampshire Granite Advantage Health Care Program. 2. Establishing an assessment mechanism to fund the association's programs and support the Granite Advantage Health Care Program. 3. Providing the Insurance Commissioner with additional oversight and enforcement powers over the association and its member entities. 4. Repealing several provisions related to the now-defunct high-risk pool and other programs, and consolidating the association's plans of operation and assessment authority. The overall goal of the bill is to improve the stability and affordability of individual health insurance coverage in New Hampshire through the creation of a new market-wide risk-sharing mechanism overseen by the state Insurance Department.

Business and Industry, Health and Social Services

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0312&sy=2023&sortoption=&txtsessionyear=2023&txtbillnumber=HB613