NAC679B.541. Payment of less than fair market value for services or products: Filing requirements.

Latest version.

Each health insurer which pays less than fair market value for services or products in a transaction which is subject to the provisions of paragraph (i) of subsection 2 of NRS 680A.320 shall file with the Commissioner, on or before March 31st of each year, the:

1. Certification that the reduced payment has been reflected in the form of reduced premiums; and

2. Documentation supporting the certification,

Ê which are required by paragraph (i) of subsection 2 of NRS 680A.320.

(Added to NAC by Comm’r of Insurance, eff. 1-20-88; A 10-29-92)

                    
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