Tag: New Hampshire insurance

New Hampshire workers compensation insurance proposal approved

Marc
New Hampshire workers compensation - Stamp - Approved

The state Insurance Department has given the nod to a reduce voluntary loss costs proposal. The New Hampshire workers compensation market will keep up its historically low rates right into 2021, according to a new decision made by the NH Insurance Department. The department issued a press release explaining its approval of a new proposal for the market. The NH Insurance Department gave its approval to a rate proposal filed by the National Council on Compensation Insurance (NCCI). This will reduce New Hampshire workers compensation voluntary loss costs by an…

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New Hampshire insurance exchange won’t lose any insurers in 2018

Marc
ENT health insurance

Regardless of the uncertainty in the industry, all companies have indicated their intent to return. The New Hampshire insurance exchange won’t be following the trend of states losing insurers next year. Instead, the marketplace has managed to hang on to the companies currently selling health plans there. The uncertainty regarding the future of the Affordable Care Act caused doubts in some states. There are four insurers selling on the New Hampshire insurance exchange and each have now submitted their applications to do so next year. The New Hampshire Insurance Department…

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New Hampshire to investigate health insurance companies concerning substance abuse claims

Marc
New Hampshire Health Insurance

State agency to investigate whether or not insurers are complying with state and federal laws The New Hampshire Insurance Department will be examining whether or not health insurance companies operating in the state are properly covering substance abuse service, as they are required to. Per the Affordable Care Act, insurers are required to provide the same level of coverage for addiction coverage as they do for typical medical care. New Hampshire has been looking to expand the substance abuse treatment and recovery services it offers in recent years and is…

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Health care reform may be finding success in New Hampshire

Nordstrom
New Hampshire Health Insurance

Legislation concerning state’s health insurance exchange may no longer be needed New Hampshire lawmakers are considering the viability of a legislation that would allow the state to build and operate its own health insurance exchange. The state is required to have an exchange per health care reform law passed in 2010. The state has, however, opted to allow the federal government to build and manage this exchange. This means that New Hampshire has limited impact on the way that the exchange operates and how it affects the state’s insurance market.…

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Parent’s Supervised Driving Guide launched by Safe Roads Alliance, Safety Insurance, and the Mass RMV

Julie Campbell

Top home, auto, and commercial insurer in New Hampshire and Massachusetts, Safety Insurance, has announced that it is working with the nonprofit organization, Safe Roads Alliance, which works to promote driving safety, to offer The Parent’s Supervised Driving Guide with the support of the Massachusetts Department of Transportation Registry of Motor Vehicles (Mass RMV). Safety Insurance and Safe Roads Alliance have created the program in their combined effort to better the awareness and education of drivers in Massachusetts by offering a free resource to guardians and parents of the recipients…

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State insurance agencies battle over surplus of taxpayer money in New Hampshire

New Hampshire lawyers are convening this week to discuss a long-standing dispute between non-profit organizations and health insurance companies. The issue lies in how these non-profit organizations manage some 80,000 health insurance plans for state workers and retirees. The key figure in the dispute is the Local Government Center, which serves as an insurance administrator for state employees. According to state insurance regulators, the agency has acquired a surplus of more than $100 million and is demanding that the money be returned to taxpayers. Officials with the Local Government Center…

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New Hampshire regulators to receive federal grants to improve state’s insurance system

New Hampshire insurance regulators are set to receive $3.56 million in federal grants over the next three years in accordance with the federal health care law. The state’s Insurance Department is welcoming the money with open arms, hoping to utilize the funds to help some of the regulatory shortfalls that have befallen the state in recent years. While regulators have yet to determine the breadth of their plans for the funds, officials have noted that some of the money will be used to instill more transparency in the state’s insurance…

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