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An Overview of the New Hampshire Health Protection Program

On Thursday, March 27, 2014, Governor Maggie Hassan signed into law SB 413, which created the New Hampshire Health Protection Program.  SB 413 was sponsored by Senators Chuck Morse, Sylvia Larsen, Jeb Bradley, Peggy Gilmour, Bob Odell, and Lou D’Allesandro and uses three approaches to extend affordable health insurance to low-income Granite Staters:

  • the Health Insurance Premium Program;
  • the Bridge to Marketplace Premium Assistance Program, and;
  • the Marketplace Premium Assistance Program.

The table below summarizes each of these approaches along with other key provisions of the legislation.

 

Key Provisions of the 2014 Health Protection Program as Enacted

 

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Unsettled Business Tax Revenues Push Surplus Upward, Offer Limited Insight for the Future

7 Dec 2018

tree with coins

The fortunes of State revenues continue to rise and fall with New Hampshire’s two primary business taxes, which provided positive signs for near-term revenue but have not shown these levels are sustainable. While the two business taxes remained healthy, other revenue sources were relatively flat overall, leaving the State with a revenue surplus entirely dependent on the two business taxes. The lack of growth in other revenue sources combined with the uncertainty around business taxes creates an environment in which it will be very difficult to accurately project revenues for the new State Budget biennium.