Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter689C Health Insurance for Small Employers |
VOLUNTARY PURCHASING GROUPS |
NAC689C.360. General powers.
- 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)