Current through December 31, 2024
Section 287.385 - Premiums or contributions for participants in opt-out plans: Remittance or transfer of payments; nonpayment by participant1. A payroll center shall remit by the 25th of each month to the Program the amount of the premiums or contributions for participants in opt-out plans that is billed to the payroll center for that month by the Program pursuant to subsection 1 of NAC 287.383. The payroll center shall identify separately the portion of each such payment to the Program that is attributable to participants in each opt-out plan.2. A participant of an opt-out plan that is billed directly by the Program pursuant to subsection 2 of NAC 287.383 for his or her premiums or contributions shall remit the amount of the premium or contribution within 30 days after he or she was billed.3. The amount of the premiums or contributions for participants in an opt-out plan for which the Retired Employees' Group Insurance Budget Account is billed each month pursuant to subsection 3 of NAC 287.383 must be transferred to the Program by the 25th day of each month, subject to adequate funding in that Account.4. The amount of the premiums or contributions for participants in an opt-out plan for which the Active Employee Group Insurance Subsidy Account is billed each month pursuant to subsection 4 of NAC 287.383 must be transferred to the Program by the 25th day of each month, subject to adequate funding in that Account.5. The Program shall notify an opt-out plan of the nonpayment of a premium or contribution by a participant in the opt-out plan who is billed by the Program for his or her premiums or contributions directly or through a payroll center. The Program shall not initiate termination of coverage of such a participant.Nev. Admin. Code § 287.385
Added to NAC by Bd. of Pub. Employees' Benefits Prog. by R097-03, eff. 9-24-2003; A by R002-12, 6-29-2012