N.H. Admin. Code § Ins 6103.03

Current through Register No. 50, December 12, 2024
Section Ins 6103.03 - Requirements for Discontinuance of Individual Ancillary Health Coverage
(a) In order to discontinue a block of business, the insurer shall make such request in writing and through the System for Electronic Rate and Form Filings (SERFF) at https://www.serff.com/ to the commissioner 60 days prior to the date of discontinuance and include in such request:
(1) The number of New Hampshire policies currently in force;
(2) The total number of covered lives;
(3) The total annual premium of the policies in force;
(4) An explanation of the classification of risk involved therein to indicate that such classification is reasonable and nondiscriminatory; and
(5) Statistical data sufficient to indicate that the cancellation or nonrenewal requested is reasonable and nondiscriminatory.
(b) Where the insurer reserves the right to cancel, the provisions of RSA 415:6, II(8) shall be delineated in the policy.

N.H. Admin. Code § Ins 6103.03

Derived From Volume XXXVIII Number 41, Filed October 11, 2018, Proposed by #12630, Effective 9/28/2018, Expires 9/28/2028.