Any plan promulgated or prepared as provided in RSA 404-C:1 shall:
I. Give consideration to:
(a) The need for adequate and readily accessible coverage;
(b) Alternative methods of improving the market affected;
(c) The inherent limitations of the insurance mechanism;
(d) The need for reasonable underwriting standards; and
(e) The requirement of reasonable loss prevention measures;
II. Establish procedures that will create minimum interference with the voluntary market;
III. Spread the burden imposed by the plan equitably and efficiently within the industry; and
IV. Establish procedures for applicants and participants to have grievances reviewed by an impartial body.