A converted contract may provide that any hospital, surgical or medical benefits payable under it may be reduced by the amount of any benefits payable under the group contract after his or her termination. A converted contract may provide that during the first contract year the benefits payable under it, together with the benefits payable under the group contract, must not exceed those that would have been payable if the subscriber’s coverage under the group contract had remained in effect.
NRS 695B.2555
Benefits payable under converted contract authorized to be reduced by amount payable under group contract; limitation
Known as the Nonprofit Hospital, Medical and Dental Service Corporation Law
The act spans §§ 695B.010 to 695B.400 (126 sections).
(Added to NRS by 1979, 1088; A 2019, 307)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.