689C.157 - Requirement to file basic and standard health benefit plans with Commissioner; disapproval of plan. - Nevada Statutes

689C.157  Requirement to file basic and standard health benefit plans with Commissioner; disapproval of plan.

      1.  Each carrier shall file with the Commissioner, in a format and manner prescribed by the Commissioner, the basic health benefit plans and the standard health benefit plans to be offered by the carrier. A health benefit plan filed pursuant to this section may not be offered by a carrier until the earlier of:

      (a) The date of approval by the Commissioner; or

      (b) Thirty days after the date on which the plans are filed, unless the Commissioner disapproves the use of the plans before the 30-day period expires.

      2.  The Commissioner may, at any time, after providing notice and an opportunity for a hearing, disapprove the continued use of a basic or standard health benefit plan by a carrier on the ground that the plan does not meet the requirements of NRS 689C.015 to 689C.355, inclusive, and 689C.610 to 689C.980, inclusive.

      (Added to NRS by 1997, 2920)