NAC695C.515. Commissioner may order cancellation or renegotiation of health service contract under certain circumstances.

Latest version.

The Commissioner may order the immediate cancellation or renegotiation of any health service contract if he or she determines that the contract:

     1. Provides for excessive payments for health care services;

     2. Fails to include incentives for the containment of the costs of providing health care services to enrollees or subscribers; or

     3. Otherwise substantially or unreasonably contributes to an increase in the cost of providing health care services to enrollees or subscribers.

(Added to NAC by Comm’r of Insurance by R129-96, eff. 10-29-97)

                    
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