NAC689B.040. Standards for rates.  


Latest version.
  • The rate charged by the insurer to a member or employer’s group within the association must be based upon the experience of the entire association. Except as otherwise provided in NAC 689B.050, the insurer may not use rebates, surcharges, adjustments or similar rating standards for an employer’s group based upon the claims experience of the employer’s group.

     (Added to NAC by Comm’r of Insurance, eff. 10-12-88)