Section 689C.420 - Board of directors and management personnel: DutiesThe board of directors and management personnel of a voluntary purchasing group shall:
1. Operate the voluntary purchasing group;2. Publish the requirements that carriers must meet to participate in the group;3. Contract with at least three unaffiliated carriers to create a choice of contracts at a range of premiums with a difference of at least 20 percent between the premiums for the most comprehensive plan and the least comprehensive plan. The Commissioner will waive this condition upon demonstration of good cause;4. Develop standard procedures for enrollment;5. Include a provision for the prepayment of premiums;6. Act on all grievances received from small employers, review information and recommendations received from participants and enrollees, and take appropriate actions;7. Establish procedures for billing and collecting premiums from participating small employers;8. Establish procedures for periods of open enrollment during which enrollees may choose any contract available through the group; and9. Offer the same premiums on each contract to all classes of members.Nev. Admin. Code § 689C.420
Added to NAC by Comm'r of Insurance, eff. 3-5-96