Revision: May 28, 2025, 2:43 p.m.
Rep. Hunt, Ches. 14
May 6, 2025
2025-1945h
05/09
Amendment to SB 121-FN
Amend RSA 402:84, II and III as inserted by section 1 of the bill by replacing it with the following:
II. Unless otherwise required, any licensed insurance company authorized to transact business in this state shall provide 90 days' written notice to the insurance department of the insurance company's decision to cease writing an entire line of business.
III. Any licensed insurance company offering Medicare Advantage Plans under Medicare Part C in this state shall provide 90 days' written notice to the insurance department of the insurance company's decision to modify or terminate its contract with the Centers for Medicare and Medicaid Services, to cease offering Medicare Advantage Plans in a particular county, or to significantly modify the offerings of its Medicare Advantage Plans. The insurance company shall notify the insurance department in writing, using the format prescribed by the commissioner.