HealthTrust Member Groups Face Significant Impacts from SB 297

Posted: 3.13.2025

Yesterday, Senate Bill 297 (as amended) was passed through the Senate Finance Committee. This bill is expected to appear before the Senate as part of the consent calendar no later than next week.

HealthTrust testified in opposition of this late bill last Tuesday. You may find a copy of our testimony here.

This bill will have significant impacts on you, our Member Groups. We have provided a list of the material impacts as we understand them on the SB 297 Fact Sheet.

In short, these regulatory changes by the State of New Hampshire will negatively impact your city, town, county, or school district by:

• Shifting the ultimate financial liability for losses to you, the Member Groups of HealthTrust;
• Requiring Member Groups to establish reserve accounts used to pay for assessments and replenishments, and;
• Requiring Member Groups to accept changes for a new process and structure that are not based on commonly accepted, actuarially sound standards (such as those used by the NH Department of Insurance).

If these changes present problems for your community, we encourage you to contact your Senators, Representatives, and other stakeholders.

As of April 24, 2025, a dedicated SB297 page has been added to our website. Click here to view the latest news on SB297.