Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter687B Contracts of Insurance |
POLICIES SUPPLEMENTARY TO MEDICARE |
General Provisions |
NAC687B.2055. Eligible persons: Notification required upon occurrence of certain events.
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1. At the time of an event described in subsection 3 of NAC 687B.2053 because of which a person loses coverage or benefits because of the termination of a contract or agreement, policy or plan, the organization that terminates the contract or agreement, the issuer terminating the policy or the administrator of the plan being terminated, respectively, shall notify the person of his or her rights under NAC 687B.2053 to 687B.2057, inclusive, and of the obligations of issuers of policies to supplement Medicare under subsections 1 and 2 of NAC 687B.2053. Such notice must be communicated contemporaneously with the notification of termination.
2. At the time of an event described in subsection 3 of NAC 687B.2053 because of which a person ceases enrollment under a contract or agreement, policy or plan, the organization that offers the contract or agreement, regardless of the basis for the cessation of enrollment, the issuer offering the policy or the administrator of the plan, respectively, shall notify the person of his or her rights under NAC 687B.2053 to 687B.2057, inclusive, and of the obligations of issuers of policies to supplement Medicare under subsections 1 and 2 of NAC 687B.2053. Such notice must be communicated within 10 working days of the issuer receiving notification of disenrollment.
(Added to NAC by Div. of Insurance by R078-05, 11-17-2005, eff. 9-8-2005 for Plans K and L, and 1-1-2006 for Medicare Part D Prescription Drug Benefit)