Section 415:19 Policies Under Franchise Plan. - New Hampshire Statutes

RSA 415:15 shall not be construed to prohibit the issuance or delivery in this state of policies under the franchise plan herein defined provided the rates charged, benefits payable, or underwriting procedure used do not discriminate between franchise plans. Accident and health insurance on a franchise plan is hereby declared to be that form of accident and health insurance issued to (1) 3 or more employees of any corporation, copartnership, or individual employer or any governmental corporation, agency or department thereof; or (2) 10 or more members of any trade or professional association or of a labor union or of any other association having had an active existence for at least 2 years where such association or union has a constitution or bylaws and is formed in good faith for purposes other than that of obtaining insurance; where such persons, with or without their dependents, are issued the same form of an individual policy varying only as to amounts and kinds of coverage applied for by such persons, under an arrangement whereby the premiums on such policies may be paid to the insurer periodically by the employer, with or without payroll deductions, or by the association for its members.

Source. 1947, 162:4. RSA 415:19. 1973, 74:1, eff. April 9, 1973.