695B.230 - Filing and approval of forms and schedules of premium rates. - Nevada Statutes

695B.230  Filing and approval of forms and schedules of premium rates.  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.

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