Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter689C Health Insurance for Small Employers |
VOLUNTARY PURCHASING GROUPS |
NAC689C.420. Board of directors and management personnel: Duties.
- The board of directors and management personnel of a voluntary purchasing group shall:
1. Operate the voluntary purchasing group;
2. Publish the requirements that carriers must meet to participate in the group;
3. Contract with at least three unaffiliated carriers to create a choice of contracts at a range of premiums with a difference of at least 20 percent between the premiums for the most comprehensive plan and the least comprehensive plan. The Commissioner will waive this condition upon demonstration of good cause;
4. Develop standard procedures for enrollment;
5. Include a provision for the prepayment of premiums;
6. Act on all grievances received from small employers, review information and recommendations received from participants and enrollees, and take appropriate actions;
7. Establish procedures for billing and collecting premiums from participating small employers;
8. Establish procedures for periods of open enrollment during which enrollees may choose any contract available through the group; and
9. Offer the same premiums on each contract to all classes of members.
(Added to NAC by Comm’r of Insurance, eff. 3-5-96)