SB 432 – AS INTRODUCED
2008 SESSION
01/10
SENATE BILL 432
COMMITTEE: Commerce, Labor and Consumer Protection
This bill allows employee leasing companies to have more than one workers’ compensation carrier as long as such company only has one carrier per client company.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
08-2810
01/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eight
AN ACT relative to workers’ compensation for employee leasing companies.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Employee Leasing Company; Workers’ Compensation. Amend RSA 277-B:5, IV to read as follows:
IV. Every application for an original, renewal, or restricted license, shall be accompanied by evidence satisfactory to the commissioner that the leased employees are covered by a workers’ compensation policy issued by a carrier admitted to write such coverage in this state; provided, that an employee leasing company may have more than one workers’ compensation carrier but only one carrier per client company. No unlicensed leasing company shall be provided workers’ compensation coverage. Employee leasing companies insured in the residual market only shall be issued the National Council of Compensation Insurance Multiple Coordinated Policy as approved by the insurance commissioner. Employee leasing companies insured in the voluntary market shall upon request make available claims data on a client company basis to the National Council of Compensation Insurance. A client company shall be assigned its claims data upon terminating its relationship with an employee leasing company which data shall be used in calculating the client company’s subsequent workers’ compensation premium. The application shall also be accompanied by evidence satisfactory to the commissioner that any health insurance benefits covering leased employees are provided pursuant to the provisions of RSA 277-B:11, II.
2 Employee Leasing Companies; Workers’ Compensation. Amend RSA 277-B:9, II to read as follows:
II. The employee leasing company provides satisfactory evidence to the commissioner that the leased employees are covered by a workers’ compensation policy issued by an insurance carrier admitted to write such coverage in this state; provided, than an employee leasing company may have more than one workers’ compensation carrier but only one carrier per client company.
3 Effective Date. This act shall take effect January 1, 2009.