In a release, the NHID stated that consumers will continue to benefit from reforms made at the state level over the last several years that aim to reduce insurance costs and premiums. (Credit: pla2na/Adobe Stock)
In early September, the New Hampshire Insurance Department (NHID) announced that it had approved a rate proposal filed by the National Council on Compensation Insurance (NCCI) that would reduce voluntary loss costs by an average of 5.6%. This marks the 13th consecutive year for loss cost decreases in the voluntary market in New Hampshire.
In a release, the NHID stated that consumers will continue to benefit from reforms made at the state level over the last several years that aim to reduce insurance costs and premiums. Not only do these reforms come with monetary benefits, but they also have the affect of ensuring injured workers have better access to care.
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