Nevada Administrative Code
Chapter 689C - Health Insurance for Small Employers
VOLUNTARY PURCHASING GROUPS
Section 689C.420 - Board of directors and management personnel: Duties

Universal Citation: NV Admin Code 689C.420

Current through December 31, 2024

The board of directors and management personnel of a voluntary purchasing group shall:

1. Operate the voluntary purchasing group;

2. Publish the requirements that carriers must meet to participate in the group;

3. Contract with at least three unaffiliated carriers to create a choice of contracts at a range of premiums with a difference of at least 20 percent between the premiums for the most comprehensive plan and the least comprehensive plan. The Commissioner will waive this condition upon demonstration of good cause;

4. Develop standard procedures for enrollment;

5. Include a provision for the prepayment of premiums;

6. Act on all grievances received from small employers, review information and recommendations received from participants and enrollees, and take appropriate actions;

7. Establish procedures for billing and collecting premiums from participating small employers;

8. Establish procedures for periods of open enrollment during which enrollees may choose any contract available through the group; and

9. Offer the same premiums on each contract to all classes of members.

Added to NAC by Comm'r of Insurance, eff. 3-5-96

NRS 679B.130, 689C.600

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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