Current through December 12, 2024
Section 695B.030 - Filing, contents and delivery of disclosure1. Each corporation shall file with the Commissioner, for his approval, a disclosure summarizing the coverage provided by a group contract for hospital or medical service offered by the corporation.2. The disclosure must: (a) Be in at least 10-point type;(b) Include the name, address and telephone number of the corporation;(c) Include the name, address and telephone number of the agent, broker and administrator, if applicable;(d) Include a statement describing the principal benefits and the type of coverage being provided;(e) Include a description of any provision of the contract which significantly excludes, eliminates, reduces or in any other manner operates to limit the payment of the benefits;(f) Include a statement concerning the renewal provisions of the contract; and(g) Define the term "usual and customary" or any similar term used in the contract.3. The agent for the corporation, the corporation after a response to a direct-response solicitation or the broker representing the insured shall deliver the approved disclosure summary to the proposed policyholder as provided in NRS 695B.174.Nev. Admin. Code § 695B.030
Added to NAC by Comm'r of Insurance, eff. 2-21-90NRS 679B.130, 695B.172, 695B.174, 695B.280