HB 671 – AS INTRODUCED
2007 SESSION
01/09
HOUSE BILL 671
AN ACT relative to certain data used for workers’ compensation rates.
SPONSORS: Rep. DiFruscia, Rock 4; Rep. Holden, Hills 7; Rep. Bishop, Rock 2
COMMITTEE: Labor, Industrial and Rehabilitative Services
This bill requires actuarial data used to calculate rates for workers’ compensation insurance to be reviewed and approved by the commission of labor.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
07-0127
01/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
AN ACT relative to certain data used for workers’ compensation rates.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Data Used to Calculate Rates. Amend RSA 281-A by inserting after section 6 the following new section:
281-A:6-a Data Used to Calculate Rates to be Reviewed. The commissioner shall not allow any insurance carrier to use actuarial tables to calculate rates affecting “classes and codes” and premiums to be paid by employers, that are provided by the National Council on Compensation Insurance (NCCI) or any other source unless the data has been officially analyzed and reviewed within 7 years and has been reviewed and approved by the commissioner.
2 Effective Date. This act shall take effect 60 days after its passage.