It is proper for any member insurer, in determining its rates of premium and dividends to owners of policies or contracts as to any kind of insurance or coverage offered by a health maintenance organization within the scope of this chapter, to consider the amount reasonably necessary to meet its obligations for assessment under this chapter.
NRS 686C.270
Rates and dividends may reflect assessments
Known as the Nevada Life and Health Insurance Guaranty Association Act
The act spans §§ 686–686 (77 sections).
(Added to NRS by 1973, 308; A 1991, 877; 2019, 1101)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.