NAC689C.420. Board of directors and management personnel: Duties.  


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  • 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)