Section Ins 1802.01 - Definitions(a) For the purposes of this chapter, the definitions appearing under RSA 420-D:1 shall apply whenever any word or phrase defined under RSA 420-D:1 is used in this chapter.(b) With respect to the following words or phrases used in this rule, but which are not defined under RSA 420-D:1, the following definitions shall apply: (1) "Escrow date", as used in RSA 420-D:10, IV, means the date entrance fees subject to RSA 420-D:10 are placed in an escrow account pursuant to RSA 420-D:10, I.(2) "Continuing Care Retirement Community (CCRC)" means any facility or other entity providing continuing care and soliciting New Hampshire residents to enter into a resident contract.(3) "General court" means the assembled senate and house of representatives of the state of New Hampshire as constituted by the constitution of the state of New Hampshire.(4) "Health care provider" means any physician, hospital, nursing home, visiting nurse association or any other institution, organization or person who furnish health care services.(5) "Health care services" means "health care services" as defined in RSA 420-C:2, V.(6) "Major changes", for the purposes of RSA 420-D:7, II(c), means any change in or affecting the operation of the CCRC which causes or is estimated to cause an increase or decrease of 10 percent or more in any line item appearing on either the balance sheet, statement of income and expenses or the statement of changes in financial position submitted as part of the CCRCs annual report required by RSA 420-D:7, I. The term does not include an increase or decrease in any line item of less than $1,000, the percentage increase or decrease notwithstanding.(7) "Market value" means, with respect to any security or other asset which is tradable on a recognized financial exchange, the closing price as of the last day the security or other asset was traded on the exchange where the majority of trading in the security or other asset takes place.(8) "National Association of Insurance Commissioners (NAIC)" means the organization of insurance regulators from the 50 states, the District of Columbia and United States territories which provides a forum for the development of uniform regulatory policy.(9) "Operating expenses" means total expenses less depreciation and amortization expenses.N.H. Admin. Code § Ins 1802.01
#7014, eff 7-1-99, EXPIRED: 7-1-07
New. #8991, eff 10-1-07
Amended by Volume XXXV Number 45, Filed November 12, 2015, Proposed by #10944, Effective 10/8/2015, Expires 10/8/2025.