N.H. Admin. Code § Ins 4101.06 - Rate Filing Submission Requirements
(a) A rate filing
shall be submitted whenever a new policy, rider, or endorsement form that
affects benefits is submitted for approval or whenever there is a change in the
rates applicable to a previously approved form. If the form does not require a
change in the premium, the submission shall include a complete explanation of
the effect of the rider or endorsement on the anticipated loss ratio.
(b) The rate filing shall include all rates
and rating formulae.
(c) Rates,
other than rate revisions, shall be filed with the policies, riders or
endorsements to which they apply, and not separately.
(d) Every rate submission shall contain:
(1) Carrier information, including the name
and address of the carrier and the name, signature, title, direct toll-free
telephone number and e-mail address of the person responsible for the
filing;
(2) Scope and purpose of
filing specifying whether this is a new form filing, a rate revision or a
justification of an existing rate;
(3) Description of benefits provided by each
policy form and any riders or endorsements that may be used with the
form;
(4) In-force business
statistics, including policy count and annualized premium of New Hampshire
policyholders or certificate holders, as well as the number of covered persons
who will be affected by the proposed rate revision;
(5) Proposed effective date, including a
description of how the proposed rate revision will be implemented, such as the
next anniversary date or next premium due date; and
(6) The reasons for the revision, if the
filing is for a rate revision.
Notes
#9938, eff 6-10-11 (from Ins 4101.05); ss by #10212, eff 11-1-12
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