New Hampshire Insurance Department Proposes Legislation to Strengthen Consumer Protections for Medicare Advantage Beneficiaries

CONCORD, NH (December 2, 2024) – The New Hampshire Insurance Department (NHID) is pleased to announce the introduction of a legislative proposal sponsored by State Senator Kevin Avard aimed at strengthening protections for Medicare Advantage beneficiaries. This bill, requested by the NHID, seeks to enhance transparency and accountability by requiring insurance companies to formally notify the Insurance Commissioner at least 120 days in advance of significant changes to or discontinuation of Medicare Advantage plans.

The proposed legislation, which amends RSA 402:84, will ensure that the NHID is equipped to assist impacted individuals in finding alternative coverage options. By mandating timely notification of significant plan modifications or discontinuations, the NHID can work proactively to support affected seniors.

“This bill underscores the Insurance Department’s commitment to safeguarding the well-being of New Hampshire’s seniors,” said Insurance Commissioner DJ Bettencourt. “Timely and transparent communication from insurers is essential to protecting Granite State consumers and ensuring continuity of care.”

“This legislation is a critical step in ensuring that New Hampshire seniors have the protections and information they need when changes occur to their Medicare Advantage plans,” said Senator Kevin Avard. “By requiring timely notice and involving the Insurance Department, we can help safeguard access to essential healthcare coverage and support our seniors during transitions.”

The NHID recognizes that protecting New Hampshire’s senior population is a shared priority and looks forward to working closely with the incoming Ayotte Administration to achieve this goal.

The bill addresses critical concerns regarding Medicare Advantage policyholders, ensuring that insurance companies meet their obligations to notify not only the NHID but also affected agents and policyholders within 120 days. This timeline allows seniors to understand their options and secure appropriate coverage without unnecessary disruption.

“This legislation highlights our proactive approach to consumer protection, particularly for our most vulnerable residents”, said Deputy Insurance Commissioner Keith Nyhan. “The NHID is proud to champion efforts that prioritize the needs of seniors.”

The New Hampshire Insurance Department Can Help

The New Hampshire Insurance Department’s mission is to promote and protect the public good by ensuring the existence of a safe and competitive insurance marketplace through the development and enforcement of the insurance laws of the State of New Hampshire. Contact us with any questions or concerns you may have regarding your insurance coverage at 1‐800‐852‐ 3416 or (603) 271‐2261, or by email at consumerservices@ins.nh.gov. For more information, visit https://insurance.nh.gov/.