Nev. Admin. Code § 616B.710 - Calculating annual expenditures for claims

Current through August 4, 2021

In calculating his or her annual expenditures for claims, an insurer shall:

1. Reduce the expenditures for claims by an amount equal to the amount of money received from subrogation or reimbursement from the insurer's Subsequent Injury Account in the fiscal year in which it is received; and
2. Not reduce the total amount of money actually paid for compensation to an amount less than zero.

Notes

Nev. Admin. Code § 616B.710
Added to NAC by Dep't of Industrial Relations, eff. 7-29-87; A by Div. of Industrial Relations by R112-98, 12-18-98

NRS 232.680, 616A.400

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