New Hampshire Code of Administrative Rules
Ins - Commissioner, Insurance Department
Chapter Ins 4100 - REQUIREMENTS FOR ACCIDENT AND HEALTH INSURANCE RATE SUBMISSIONS
Part Ins 4105 - REQUIREMENTS FOR GROUP STOP LOSS INSURANCE
Section Ins 4105.05 - Rate Submission Requirements
Current through Register No. 12, March 21, 2024
Rate filings for small and large employer group stop loss insurance shall include the following:
(a) The specific formulas and assumptions used in calculating gross premiums, including any changes in assumptions or formulas made since the last filing;
(b) The expected claims costs;
(c) Identification of morbidity and mortality tables or experience studies used, sufficient explanation for evaluation of their validity, including copies of such tables if they are not currently published;
(d) The range of commission rates and other fees payable to producers or other persons except regularly salaried employees, stated separately for new and renewal business;
(e) The expected loss ratio by policy duration;
(f) The anticipated loss ratio calculated over the anticipated lifetime of the block, or 20 years, whichever is shorter;
(g) Methods and assumptions used for making projections, including any changes in methods or assumptions made since the last filing; and
(h) Actual rates, or rating factors and formulae sufficient to calculate rates given the underwriting characteristics of the policyholder.
#9690, eff 4-9-10; ss by #9938, eff 6-10-11
The amended version of this section by New Hampshire Register Volume 39, Number 24, eff.6/10/2019 is not yet available.
