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.