Section Lab 405.03 - Self-Insured Retention(a) A self-insurer shall identify to the commissioner the dollar amount of the attachment point, up to which the self-insurer will be responsible for the payment of workers' compensation benefits for each work injury incident.(b) In support of this identification of amount, the self- insurer shall submit: (1) The dollar amount of the proposed self-insurer retention;(2) Five years of loss history;(3) A financial statement of the self-insured; and(4) Any other factor that may impact the self-insurer's ability to pay claims.(c) The commissioner shall review the submission and approve an amount for the self-insurer retention based on his or her discretion.N.H. Admin. Code § Lab 405.03
#2264, eff 1-6-83; ss by #2935, eff 12-27-84, EXPIRED: 12-27-90
New. #5235, eff 9-27-91; amd by #5501, eff 11-12-92; ss by #6631, INTERIM, eff 11-16-97, EXPIRED: 3-16-98
New. #6806, eff 7-18-98; ss by #8682, INTERIM, eff 7-15-06, EXPIRED: 1-11-07
New. #9019, eff 11-1-07
Amended by, Volume XXXVI Number 14, Filed April 7, 2016, Proposed by #11066, Effective 4/1/2016, Expires 4/1/2026.