CHAPTER 420-O SELF-FUNDED STUDENT HEALTH BENEFIT PLANS
Section 420-O:2
420-O:2 Definitions. –
In this chapter:
I. "Commissioner" means the insurance commissioner.
II. "Plan document" means evidence of coverage furnished to a student that sets forth all benefits and terms and conditions, with regard to a student health plan.
III. "Qualified actuary" means an actuary who is a member in good standing of the American Academy of Actuaries or Society of Actuaries, with experience in establishing rates for self-insured trusts providing health benefits or other similar experience.
IV. "Institution of higher education" or "institution" means an educational institution in New Hampshire that:
(a) Admits as regular students only persons having a certificate of graduation from a school providing secondary education, or the recognized equivalent of such a certificate, or persons who have completed a secondary school education in a home school setting that is treated as a home school or private school under the laws of this state;
(b) Is legally authorized within New Hampshire to provide a program of education beyond secondary education;
(c) Provides an educational program for which the institution awards a bachelor's degree, graduate degree, or professional degree;
(d) Is a public or other nonprofit institution;
(e) Is accredited by a nationally recognized accrediting agency or association; and
(f) Has a history of providing for the health insurance needs of its students through a self-funded student health benefit plan.
V. "Student" means a person enrolled in a degree program in an institution of higher education and may include a postdoctoral fellow.
VI. "Student health plan" or "plan" means any self-funded plan established or maintained by an institution of higher education for the purpose of providing medical, surgical, or hospital services to a student, the student's spouse or domestic partner, the student's child or children, or other persons chiefly dependent upon the student for support and maintenance.