Section 404-C:2 Purposes and Contents of Risk Sharing Plans. - New Hampshire Statutes

Any plan promulgated or prepared as provided in RSA 404-C:1 shall:
   I. Give consideration to:
      (a) The need for adequate and readily accessible coverage;
      (b) Alternative methods of improving the market affected;
      (c) The inherent limitations of the insurance mechanism;
      (d) The need for reasonable underwriting standards; and
      (e) The requirement of reasonable loss prevention measures;
   II. Establish procedures that will create minimum interference with the voluntary market;
   III. Spread the burden imposed by the plan equitably and efficiently within the industry; and
   IV. Establish procedures for applicants and participants to have grievances reviewed by an impartial body.

Source. 1971, 488:1, eff. Aug. 31, 1971.