Nevada Administrative Code
Chapter 695C - Health Maintenance Organizations; Provider-Sponsored Organizations
DELIVERY SYSTEM INTERMEDIARY
Section 695C.515 - Commissioner may order cancellation or renegotiation of health service contract under certain circumstances

Universal Citation: NV Admin Code 695C.515

Current through September 16, 2024

The Commissioner may order the immediate cancellation or renegotiation of any health service contract if he or she determines that the contract:

1. Provides for excessive payments for health care services;

2. Fails to include incentives for the containment of the costs of providing health care services to enrollees or subscribers; or

3. Otherwise substantially or unreasonably contributes to an increase in the cost of providing health care services to enrollees or subscribers.

Added to NAC by Comm'r of Insurance by R129-96, eff. 10-29-97

NRS 679B.130, 695C.275

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