SB 340-FN – VERSION ADOPTED BY BOTH BODIES
03/13/14 0865s
03/13/14 0948s
30Apr2014… 1474h
2014 SESSION
01/10
SENATE BILL 340-FN
AN ACT requiring the insurance department to hold public information sessions and provide a comment period before approval of products to be sold on the health exchange.
SPONSORS: Sen. Cataldo, Dist 6
This bill requires the insurance department to hold public information sessions and provide a comment period before approval of products to be sold on the exchange marketplace.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/13/14 0865s
03/13/14 0948s
30Apr2014… 1474h
14-2778
01/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Fourteen
AN ACT requiring the insurance department to hold public information sessions and provide a comment period before approval of products to be sold on the health exchange.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Public Information Sessions and Comment Period Required. Amend RSA 420-N by inserting after section 5 the following new section:
420-N:5-a Public Information Sessions and Comment Period Required. On or before June 15 of each year, and before the commissioner approves insurance products to be sold on a federally-facilitated exchange in New Hampshire, the commissioner shall hold at least 2 public information sessions, in different regions of the state concerning the proposed provider networks of insurance products proposed to be sold on the federally-facilitated exchange for the following calendar year. Notwithstanding any other provision of law, information regarding the proposed network of hospitals and essential community providers as defined in 45 CFR 156.235 included under any such insurance plan shall be made available to the public at or before these information sessions. This information shall be shared orally at the public information sessions and in writing on the department’s Internet website. The commissioner shall provide public notice of these information sessions in compliance with RSA 91-A, and shall, to the extent practicable, make audio and video footage of these information sessions available through the department’s Internet website. The commissioner shall accept public comments on the proposed networks for at least 2 weeks following the conclusion of the public information sessions, and shall enable members of the public to register their comments in writing through the department’s website. If an insurance carrier amends its proposed network submission on or before August 1 of the year preceding the plan’s inclusion in the federally-facilitated exchange, the commissioner shall only be required to make any such amendments available to the public on the insurance department’s website. Nothing in this section shall be construed to prohibit an insurance carrier from making changes to the proposed network at any time if the insurance carrier meets network adequacy requirements under RSA 420-J:7.
2 Repeal. RSA 420-N:5-a, relative to public hearings before approval of products to be sold on the exchange, is repealed.
3 Effective Date.
I. Section 2 of this act shall take effect January 1, 2019.
II. The remainder of this act shall take effect 30 days after its passage..
LBAO
14-2778
Amended 05/01/14
SB 340-FN FISCAL NOTE
AN ACT requiring the insurance department to hold public information sessions and provide a comment period before approval of products to be sold on the health exchange.
FISCAL IMPACT:
The Insurance Department states this bill, as amended by the House (Amendment #2014-1474h), will have no fiscal impact on state, county and local revenue and expenditures.
METHODOLOGY:
The Insurance Department states this bill requires at least two public information sessions and a comment period before approval of products to be sold on the health exchange. The Department states it will be able to absorb any costs associated with the public information sessions and providing the ability for the public to make comments on the Department’s website. The Department states this bill will have no impact on state, county and local revenue or expenditures.