§ 404-c-2

404-C:2 Purposes and Contents of Risk Sharing Plans. – Any plan promulgated or prepared as provided in RSA 404-C:1 shall: I. Give consideration to: (a) The need for adequate and readily accessible coverage; (b) Alternative methods of improving the market affected; (c) The inherent limitations of the insurance mechanism; (d) The need for reasonable underwriting standards; and (e) The requirement of reasonable loss prevention measures; II. Establish procedures that will create minimum interference with the voluntary market; III. Spread the burden imposed by the plan equitably and efficiently within the industry; and IV. Establish procedures for applicants and participants to have grievances reviewed by an impartial body. Source. 1971, 488:1, eff. Aug. 31, 1971.