N.H. Admin. Code § Ins 3401.01

Current through Register No. 45, November 7, 2024
Section Ins 3401.01 - Purpose

The purpose of this part is to:

(a) Increase the affordability, efficiency, and fairness of health insurance coverage for small employers by setting standards for the licensure and oversight of voluntary purchasing alliances through which small employers and their employees may purchase health coverage in the manner of large employer groups;
(b) Allow small employers and their employees to obtain better value in purchasing health insurance by consolidating purchasing responsibilities and resources, thereby increasing bargaining power and purchasing expertise and reducing the administrative cost of health plan contracting, enrollment, premium collection and payment for multiple employers;
(c) Provide small employers and their employees a choice of health carrier or carriers and health benefit plan or plans through an open and fair process in which qualified carriers compete to provide health coverage to alliance members; and
(d) Foster competition based on value.

N.H. Admin. Code § Ins 3401.01

#7434, INTERIM, eff 2-1-01, EXPIRED: 7-31-01

New. #7583, eff 11-1-01; ss by #9564, eff 10-19-09