Section 690B.580 - Qualified risk management systems: Approval by Commissioner1. A risk management system offered by an insurer issuing a policy of medical malpractice insurance to an insured pursuant to NAC 690B.575 must be approved by the Commissioner as a qualified risk management system before it is offered.2. The insurer shall submit to the Commissioner an application on a form prescribed by the Commissioner for the approval of the risk management system as a qualified risk management system.3. The Commissioner may approve a risk management system as a qualified risk management system if the Commissioner determines that the risk management system:(a) Is designed to reduce: (1) The risk of a claim of malpractice covered by a policy of medical malpractice insurance;(2) The costs related to a claim of malpractice covered by a policy of medical malpractice insurance; or(3) Both the risk of a claim of malpractice and the costs related to a claim of malpractice covered by a policy of medical malpractice insurance; and(b) Consists of: (1) A system for risk management developed by the insurer or a third party that is applicable to the medical specialty of the insured covered by the policy;(2) Seminars or other training that provide instruction on risk management and qualify for continuing medical education credit; or(3) A program of instruction on communication skills, documentation techniques, litigation management techniques or other similar risk management techniques and a mechanism to verify compliance with the system by the insured. Nev. Admin. Code § 690B.580
Added to NAC by Comm'r of Insurance by R091-03, eff. 9-24-2003