Section 687B.108 - Prohibited increases in premiums1. The premium charged to an insured for long-term care insurance must not increase because of:(a) The increasing age of the insured beyond 65 years of age; or(b) The duration the insured has been covered under the policy.2. The purchase of additional coverage must not be considered a premium rate increase, but, for calculation purposes, the portion of the premium attributable to the additional coverage must be added to and considered part of the initial annual premium.3. A reduction in benefits must not be considered a premium change but, for calculation purposes, the initial annual premium must be based on the reduced benefits.Nev. Admin. Code § 687B.108
Added to NAC by Comm'r of Insurance, eff. 12-15-94; A by R028-10, 12-16-2010, eff. 10-1-2011