SB 99  - AS INTRODUCED

 

 

2023 SESSION

23-0829

05/08

 

SENATE BILL 99

 

AN ACT relative to the responsibilities of insurers in conducting reviews of the operations of administrators.

 

SPONSORS: Sen. Ricciardi, Dist 9; Sen. Gannon, Dist 23; Rep. Hunt, Ches. 14

 

COMMITTEE: Commerce

 

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ANALYSIS

 

This bill removes the requirement that the insurer conduct an on-site audit of the operations of an administrator that administers benefits for more than 100 certificate holders.

 

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

23-0829

05/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Three

 

AN ACT relative to the responsibilities of insurers in conducting reviews of the operations of administrators.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Third Party Administrators; Responsibilities of the Insurer.  Amend RSA 402-H:6, III to read as follows:

III.  In cases in which an administrator administers benefits for more than 100 certificate holders on behalf of an insurer, the insurer shall, at least semi-annually, conduct a review of the operations of the administrator.  [At least one such review shall be an on-site audit of the operations of the administrator.]

2  Effective Date.  This act shall take effect 60 days after its passage.