HB241 (2011) Detail

Relative to insurance coverage.


HB 241 – AS INTRODUCED

2011 SESSION

11-0294

01/10

HOUSE BILL 241

AN ACT relative to insurance coverage.

SPONSORS: Rep. D. McGuire, Merr 8; Rep. Itse, Rock 9; Rep. Ball, Hills 9; Rep. Bowers, Sull 3; Rep. L. Ober, Hills 27; Sen. White, Dist 9

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill allows consumers and insurance carriers to create a free market option in health insurance.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

11-0294

01/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Eleven

AN ACT relative to insurance coverage.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Free Market Option Available for Health Insurance. Amend RSA 415 by inserting after section 24 the following new section:

415:25 Free Market Option Available for Health Insurance. Notwithstanding any other provision of law to the contrary, a willing consumer and willing insurance carrier may contract on mutually agreeable terms for individual or group health insurance which is not subject to regulation by the insurance commissioner, insurance mandates, or administrative consumer protection law. Such transactions shall be subject to criminal fraud prosecution and civil lawsuits, including class action suits. All disputes under this section shall be settled in the appropriate court or by arbitration or agreement, not administratively. Any policies issued pursuant to this section shall clearly state that they have not been approved by any New Hampshire governmental agency and are not subject to regulation by any agency.

2 Effective Date. This act shall take effect 60 days after its passage.