Nev. Admin. Code § 689C.360 - General powers

A voluntary purchasing group may:

1. Offer other benefit plans approved by the Commissioner, such as group coverage for vision care, dental care and other limited contracts for other care;
2. Exclude or temporarily suspend the registration of a participating insurance carrier that has failed to achieve established standards for quality, access or the reporting of information as provided in the contract;
3. Require a member of the group who is seeking to withdraw from membership to pay the agreed upon membership fee for the balance of the contract period;
4. Establish uniform standards for collecting data to evaluate the performance of participating carriers; and
5. Negotiate the component for administrative expenses of their premium rates with participating carriers.

Notes

Nev. Admin. Code § 689C.360
Added to NAC by Comm'r of Insurance, eff. 3-5-96

NRS 679B.130, 689C.600

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