Nevada Administrative Code
Chapter 687B - Contracts of Insurance
CONTRACTS FOR LONG-TERM CARE
Section 687B.055 - Contracts issued in other states

1. No group long-term care insurance may be offered to a resident of this State under a group long-term care insurance contract issued in another state to a group described in subsection 4 of NAC 687B.025, unless this State or another state having statutory and regulatory requirements for long-term care insurance substantially similar to those adopted in this State, has made a determination that those requirements have been met.

2. Before an insurer or similar organization offers group long-term care insurance to a resident of this State pursuant to this section, it shall file with the Commissioner evidence that the group long-term care insurance contract or certificate issued pursuant thereto has been approved by a state having statutory and regulatory requirements for long-term care insurance substantially similar to those adopted in this State.