NAC689C.360. General powers.  


Latest version.
  • A voluntary purchasing group may:

         1. Offer other benefit plans approved by the Commissioner, such as group coverage for vision care, dental care and other limited contracts for other care;

         2. Exclude or temporarily suspend the registration of a participating insurance carrier that has failed to achieve established standards for quality, access or the reporting of information as provided in the contract;

         3. Require a member of the group who is seeking to withdraw from membership to pay the agreed upon membership fee for the balance of the contract period;

         4. Establish uniform standards for collecting data to evaluate the performance of participating carriers; and

         5. Negotiate the component for administrative expenses of their premium rates with participating carriers.

     (Added to NAC by Comm’r of Insurance, eff. 3-5-96)