People come out to protest LGC
Nearly 100 people protest outside the New Hampshire Local Government Center building in Concord on Thursday night, demanding that the public insurance administrator return surplus funds. (TIM BUCKLAND/Union Leader)
The LGC is under a state hearings officer order to return $36 million from surpluses that were deemed too high. That money has been returned, but the Property-Liability Trust, which administers property insurance and workers compensation coverage, is struggling with how to pay $17 million ordered returned to members of HealthTrust. HealthTrust administers health insurance for public employees. That money was improperly used to subsidize the money-losing workers compensation program for more than a decade, the order concluded.
During the hearing, an audience that included many of the protesters as well as the heads of many statewide unions, was told that HealthTrust is planning to return more than $11 million from surpluses realized during 2012.
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