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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