NAC687B.295. General requirements.  


Latest version.
  •      1. Except as otherwise provided in NAC 687B.330, a standardized benefit plan to supplement Medicare may not be delivered or issued for delivery in this State on or after July 30, 1992, and with an effective date for coverage before June 1, 2010, unless it complies with the provisions of NAC 687B.300 to 687B.323, inclusive.

         2. Except as otherwise provided in subsection 4, a 1990 standardized benefit plan must:

         (a) Have the same style, arrangement, overall content and designation as the 1990 standardized benefit plans set forth in NAC 687B.300 to 687B.323, inclusive.

         (b) Conform to the definitions set forth in NAC 687B.2002 to 687B.2045, inclusive.

         3. Each benefit for a 1990 standardized benefit plan must be structured in accordance with the format and listed in the order indicated in NAC 687B.300 to 687B.323, inclusive.

         4. In addition to the designations for 1990 standardized benefit plans set forth in NAC 687B.300 to 687B.323, inclusive, an issuer may use other designations if he or she obtains the prior approval of the Commissioner.

     (Added to NAC by Comm’r of Insurance, 7-16-92, eff. 7-30-92; A by R110-98, 2-23-99; R049-09, 10-27-2009)