RSA 420-K:6 Assessments.
Title: XXXVII - INSURANCE
Chapter: 420-K - SMALL EMPLOYER HEALTH REINSURANCE POOL
I. Following the close of each fiscal year, the administrator shall determine the net premiums, the pool expenses of administration and the incurred losses for the year, taking into account investment income and other appropriate gains and losses.
(a) Each member's assessment for the reinsurance pool shall be based on its number of covered lives times a specified assessment rate. The board of directors shall specify the basis used to set the assessment rate. The board of directors shall establish a regular assessment rate, which shall be:
(1) Calculated on a calendar year basis based on the net losses from the audited financial statements of the prior fiscal year;
(2) Established no later than November 1 in the current fiscal year; and
(3) Anticipated to be s