SB345 (2014) Detail

Repealing the prospective repeal of the annual public hearing and report on health insurance costs and trends.


SB 345 – VERSION ADOPTED BY BOTH BODIES

03/13/14 0866s

06/04/14 1962CofC

2014 SESSION

14-2750

01/04

SENATE BILL 345

AN ACT repealing the prospective repeal of the annual public hearing and report on health insurance costs and trends.

SPONSORS: Sen. Fuller Clark, Dist 21; Sen. Gilmour, Dist 12; Sen. Stiles, Dist 24; Rep. Muns, Rock 21; Rep. Harding, Graf 13; Rep. Rosenwald, Hills 30

COMMITTEE: Commerce

AMENDED ANALYSIS

This bill repeals the prospective repeal of the annual public hearing and report on health insurance costs and trends and adds certain criteria to the report.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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 0866s

06/04/14 1962CofC

14-2750

01/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fourteen

AN ACT repealing the prospective repeal of the annual public hearing and report on health insurance costs and trends.

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

1 Repeal. 2010, 240:3 and 240:4, II, relative to the prospective repeal of the annual public hearing and report on health insurance costs and trends, are repealed.

2 Annual Report Concerning Premium Rates in the Health Insurance Market. RSA 420-G:14-a, VI is repealed and reenacted to read as follows:

VI.(a) The commissioner shall prepare an annual report concerning premium rates in the health insurance market and the factors that have contributed to rate increases during prior years. The annual report shall be designed to provide information which identifies and quantifies health care spending trends and the underlying factors that contributed to increases in health insurance premiums. The report shall include recommendations and strategies for increasing the efficiency of New Hampshire's health care financing and delivery system. The report shall be based to the highest extent possible on the commissioner's analysis of information and data available to the commissioner, including:

(1) Information and analysis of the amount and impact of uncompensated care.

(2) Past and current medical loss ratios of insurance carriers in New Hampshire.

(3) Comparison and analysis of the cost of medical care by payment type.

(4) Information and analysis of total public reimbursements to hospitals and other health care providers by federal, state, and local governments.

(5) Information and analysis of insurance premiums by provider network.

(6) Information and analysis of plan and premium information on the Federal Employee Plan and National Account offered by Anthem Blue Cross Blue Shield.

(7) Comparison and analysis to insurance claim data collected by other states.

(8) Testimony at the public hearing, and any other information or documents submitted in connection with the public hearing.

(b) The commissioner shall submit the annual report to the governor, the president of the senate, and the speaker of the house of representatives on or before November 1 of each year.

3 Effective Date. This act shall take effect upon its passage.