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NH SB610
Bill
Status
2/26/2026
Primary Sponsor
Denise Ricciardi
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AI Summary
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Expands the insurance commissioner's rulemaking authority for long-term care insurance to include loss ratio standards, filing requirements, agent compensation, agent testing, penalties, and reporting practices
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Grants the insurance commissioner authority to approve innovative short or long-term care insurance policies if they serve the public interest and offer benefits reasonable to the premium charged
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Allows the commissioner to disapprove insurance forms within 30 days if benefits are unreasonable relative to premiums, provisions are unjust or misleading, or forms fail to comply with law
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Permits the commissioner to hold public hearings before approving or denying form or rate filings, with discretionary authority to disclose filing information during such hearings
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Takes effect 60 days after passage
Legislative Description
Requiring an opportunity for public comment prior to proposed long-term care rate increases under certain circumstances.
Last Action
Introduced (in recess of) 02/19/2026 and referred to Commerce and Consumer Affairs House Journal 5
2/26/2026