Bill > SB607

This bill modifies existing New Hampshire insurance law regarding short-term, limited duration health insurance policies by changing the maximum duration of these policies to align with federal legal standards. Currently, the law limits such policies to 6 months and prohibits issuing policies to individuals who have previously been covered by short-term medical policies for more than 540 days within a 24-month period. The proposed bill removes these specific time limits and instead stipulates that short-term health insurance policies can be issued for an initial term and total duration not exceeding the maximum length permitted under federal law. This change provides more flexibility in short-term health insurance policy duration while ensuring compliance with federal regulations. The bill will take effect on January 1, 2027, giving insurance providers and regulators ample time to adjust to the new standard. By referencing federal law for policy duration, the bill creates a more adaptable framework for short-term health insurance that can evolve with changes in federal guidelines.

Health and Social Services

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1370&inflect=2