In order to reduce the incentive for risk selection and to improve fairness and efficiency, and in the absence of a risk adjustment mechanism established by rule or order for the entire small group market, an alliance may establish a payment mechanism to adjust payments to the participating carrier or carriers prospectively or retrospectively based on the amount of risk covered by each participating carrier. To establish such a mechanism, the alliance may appoint an advisory committee composed of individuals that have risk adjustment and actuarial expertise to help establish the risk adjusters.
N.H. Admin. Code § Ins 3401.08
#7434, INTERIM, eff 2-1-01, EXPIRED: 7-31-01
New. #7583, eff 11-1-01; ss by #9564, eff 10-19-09