NH To Submit 1332 Waiver For Reinsurance Program

New Hampshire will seek federal permission to create a state reinsurance program under the Affordable Care Act 1332 waiver program, which the state estimates will reduce 2021 premiums by about 15%, Republican Gov. Chris Sununu said last week. State lawmakers passed a bill authorizing the waiver in September, and, if approved, New Hampshire would be the thirteenth state to set up a state-level reinsurance program since the federal version ended in 2016. “The individual market in New Hampshire has been...