Establishes a framework for nonprofit and for-profit providers and servicers of child care, day care, foster care placement, and behavioral health.
New Hampshire SB614 creates a new chapter authorizing two or more nonprofit and for-profit providers and servicers of child care, day care, foster care placement, and behavioral health services to participate in joint self-insurance risk coverage arrangements for liability risks. These arrangements can jointly purchase insurance and reinsurance, contract for risk management, claims, and administrative and legal services, and obligate participants to pledge funds to secure obligations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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