Nevada Administrative Code
Chapter 695C - Health Maintenance Organizations; Provider-Sponsored Organizations
ADMINISTRATION OF ORGANIZATION
Section 695C.285 - Limitation on frequency of increases in premium rates; exceptions
Current through December 12, 2024
1. Except as otherwise provided in this section, an organization shall not increase the premium rates for a group health care plan more frequently than every 6 months unless the increase in the premium rates is being made because:
2. If an organization issues a group health care plan to a class of employers that consists solely of bona fide associations and uses a common date of renewal for that class, an increase in the premium rates for that class does not violate the provisions of subsection 1 solely because at least one but not all the members of that class will have an increase in premium rates more frequently than every 6 months.
Added to NAC by Comm'r of Insurance by R009-02, eff. 5-23-2002; A by R009-02, 7-11-2002
NRS 679B.130, 695C.275