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NRS 695B.230

Filing and approval of forms and schedules of premium rates

Known as the Nonprofit Hospital, Medical and Dental Service Corporation Law

The act spans §§ 695–695 (126 sections).

(Added to NRS by 1971, 1872; A 1989, 517)

If more than one class of risk is included:

1. A hospital or medical or dental service contract or evidence of coverage under a group or nongroup contract must not be issued or delivered in this state until a copy of the form of the contract is filed with the Commissioner and either:

(a) Thirty days expires without notice from the Commissioner after the copy is filed; or

(b) The Commissioner gives written approval before that time.

2. A schedule of premium rates to be paid by subscribers under either a group or nongroup contract must not be issued, delivered or used by any nonprofit hospital, medical or dental service corporation until that corporation files with the Commissioner a copy of the schedule together with any supplementary information required by the Commissioner and either:

(a) Thirty days expires without notice from the Commissioner after the copy is filed; or

(b) The Commissioner gives written approval before that time.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.