SB 285 - AS AMENDED BY THE HOUSE
02/16/2022 0636s
4May2022... 1376h
2022 SESSION
22-2932
11/05
SENATE BILL 285
AN ACT relative to discount medical plan organizations.
SPONSORS: Sen. Cavanaugh, Dist 16; Rep. Potucek, Rock. 6; Rep. Bartlett, Merr. 19
COMMITTEE: Health and Human Services
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AMENDED ANALYSIS
This bill modifies registration requirements for discount medical plan organizations.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
02/16/2022 0636s
4May2022... 1376h 22-2932
11/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Two
AN ACT relative to discount medical plan organizations.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Paragraphs; Discount Medical Plan Organizations; Registration Requirement. Amend RSA 415-I:5 by inserting after paragraph II the following new paragraphs:
III. Each applicant for a certificate of registration shall make an application to the commissioner upon a form to be furnished by the commissioner and fee paid pursuant to RSA 400-A:29, XXII(a). The application shall include or be accompanied by the following information and documents:
(a) Whether a previous application for a certificate of registration has been denied, revoked, suspended, or terminated for cause in any jurisdiction.
(b) Whether the applicant is under investigation for or the subject of any pending action or has been found in violation of a statute or regulation in any jurisdiction within the previous 5 years.
(c) Information, as the commissioner may require, that permits the commissioner, after reviewing all of the information submitted pursuant to this section, to make a determination that the applicant:
(1) Is financially responsible and maintains a net worth of at least $150,000 at all times;
(2) Has adequate expertise or experience to operate a discount medical plan organization; and
(3) Is competent, trustworthy, financially responsible, or of good personal and business reputation.
IV. Each certificate of registration shall expire each year on June 1. At least 60 days before a certificate of registration expires, the discount medical plan organization shall submit a renewal application to the commissioner upon a form to be furnished by the commissioner and fee paid pursuant to RSA 400-A:29, XXII(b).
2 New Subparagraphs; Discount Medical Plan Organizations; Suspension and Revocation of Registration. Amend RSA 415-I:6, I by inserting after subparagraph (c) the following new subparagraphs:
(d) The discount medical plan organization does not have the minimum net worth as required RSA 415-I:5, III(c)(1).
(e) The continued operation of the discount medical plan organization would be hazardous to its members.
3 Effective Date. This act shall take effect 60 days after its passage.