New Hampshire Hospitality Compensation Trust (NHHCT)

The New Hampshire Hospitality Compensation Trust (NHHCT) is a self-insured, not-for-profit trust established in 1994 to offer members a valuable alternative from the ever-rising cost of the commercial insurance market.

Being a self-insured trust that specifically caters to the hospitality industry, our rates are significantly lower than the commercial market and offer members something that commercial insurance does not- dividends. Because it is a not-for-profit trust, any remaining income from any fund year is returned to our Trust members in the form of a dividend, which is based on premium contributions and loss experience.

Since its inception, members have experienced more than 45% reduction in Trust rates and have returned more than $10 million in dividends, making the Trust the most advantageous form of workers’ compensation coverage.

Program Benefits

  • The Trust is local. A representative of the NHHCT attends all DOL hearings and conducts personal visits with injured employees who lose time from work.
  • We are celebrating six consecutive years of rate decreases in 2022.
  • On average, members receive back 25% of their premium investment.

FAQ

  • How do I join? To receive a free quote, please either contact Samantha Poole, Membership and Business Development Director, at spoole@nhlra.com or fill out the form below. Please note: This program is only available for hospitality organizations. All information provided is confidential. Quotes are subject to underwriting and are not a guarantee of coverage. 
  • What is the difference between a commercial policy and NHHCT? The NHHCT is a not-for-profit, self-insured trust. Self-Insurance is the most advantageous form of workers’ compensation insurance, as it enables the employer to receive unused funds contributed back in the form of dividends- unlike a commercial policy where policy payments stay in the pocket of the insurance company. Also unlike commercial insurance, rates are evaluated annually based on the actuary’s analysis of the Trust’s experience instead of being evaluated based on the experience of the entire state or region. This allows the Trust to keep rates lower than commercial insurance policies for the same amount of coverage. 
  • What are dividends? Members of the NHHCT have a benefit unheard of in the commercial market-dividends. Unlike commercial insurance agencies, premiums are invested for earnings and not paid to an insurance company. Once claims and administration costs are paid, the net investment dollars are returned to our members! Individual dividends are based on the Trust’s overall experience as well as the individual policy claims experience for that claim year.
  • What is the coverage? Is there a deductible? The NHHCT charges no deductible and offers the highest level of coverage. Members enjoy up to $1M in coverage- enabling them to never fear about out of pocket expenses for serious incidents.
  • What happens to the dividends if I am a member and sell my business or purchase an existing member’s location? A Trust member who is seeking to sell their business has the option of transferring their membership with the Trust to the new ownership. By transferring your membership, the new owners are entitled to the dividends that you would have received going forward as well as the previous owner’s experience modifier. NHLRA membership is still required to maintain NHHCT membership.
  • Does the Trust offer a pay per pay period service? The NHHCT, in partnership with local payroll service provider CheckmateHCM, offers members the opportunity and flexibility to choose to pay for coverage per pay period. Avoid the upfront policy cost, eliminate the need for an audit, and have the peace of mind that you will never have to pay in due to payroll fluctuations. To learn more about this program, or to receive a quote for payroll services, contact Casey Rollins, VP Sales & Marketing, at crollins@checkmatenh.com or by phone at (603) 225-2004.

Contact Information

All inquiries regarding the administration of the New Hampshire Hospitality Compensation Trust, including reporting injuries, questions about claims, policies changes, and to obtain information regarding your current policy, should be directed to New Hampshire Motor Transport Association (NHMTA) who is the third-party administrator for this program. If you are seeking to add a new policy, expand your current policy, or obtain a change of ownership form, all inquiries are directed to the NHLRA. 

Report an Injury: Wendy Skilling l wendy@nhmta.org l Phone: (603) 415-8327 l Fax: (603) 415-7337 est. 327

Update or Request Documentation on an Existing Policy: Dorothy Byant l dorothy@nhmta.org l Phone: (603) 415-7337 est. 313 l Fax: (603) 415-8333

General Inquiries About Current Policy: Diane Symonds l dsymonds@nhhct.org l Phone: (603) 415-8316 l Fax: (603) 415-8343

Expand Existing Policy, Add a New Policy, Obtain a Quote, or a Change of Ownership Form: Samantha Poole l spoole@nhlra.com l Office Line: (603) 228-9585 l Direct Line: (603) 520-9902

Quick Quote Interest Form