Nev. Rev. Stat. § 695D.120 — NV Code / Title 57 / Chapter 695D / Section 695D.120
Certificate of authority: Application
Status: in_force

Each application for a certificate of authority must be filed with the Commissioner on a form prescribed by the Commissioner, must be verified by an officer or authorized representative of the organization for dental care and must include:

1. A copy of any organizational document for the organization and all amendments to that document.

2. A copy of any bylaws, rules or regulations governing the internal affairs of the organization.

3. A list of the names, addresses and official positions of the persons responsible for operating the organization, including the members of the board of directors, board of trustees, executive committee, principal officers or partners.

4. A copy of the contracts made or proposed to be made between the applicant and those persons listed in subsection 3 and the dentists.

5. A statement describing the applicant's plan for dental care, its facilities and personnel.

6. A copy of the policy to be issued to its members.

7. A copy of any contract for groups to be issued to employers, unions, trustees or other organizations.

8. Certified financial statements showing the applicant's assets, liabilities and sources of support. A copy of the applicant's most recent certified financial statement satisfies this requirement unless the Commissioner requests additional information from the applicant.

9. A description of the method to be used to market the plan for dental care, including a financial statement, a projection for the initial 5 years of operation of the plan and a statement of the sources of capital for the organization.

10. A power of attorney executed by the applicant or its officers, which appoints the Commissioner as the attorney for the applicant upon whom service of process may be made in this State.

11. A statement describing the geographic area or areas to be served by the applicant.

12. A statement indicating that all the dentists for the plan are licensed pursuant to chapter 631 of NRS .

13. Any other information requested by the Commissioner.
Nev. Rev. Stat. § 692C.270 — NV Code / Title 57 / Chapter 692C / Section 692C.270
Contents of registration statement; statement relating to corporate oversight; financial statements
Status: in_force

Every insurer subject to registration shall file:

1. A registration statement with the Commissioner, on a form and in a format prescribed by the Commissioner, which must contain current information about: (a) The capital structure, general financial condition, ownership and management of the insurer and any person controlling the insurer. (b) The identity of every member of the insurance holding company system. (c) The following agreements in force, relationships subsisting and transactions currently outstanding between the insurer and its affiliates: (1) Loans, other investments or purchases, sales or exchanges of securities of the affiliates by the insurer or of the insurer by its affiliates. (2) Purchases, sales or exchanges of assets. (3) Transactions not in the ordinary course of business. (4) Guarantees or undertakings for the benefit of an affiliate which result in an actual contingent exposure of the insurer's assets to liability, other than insurance contracts entered into in the ordinary course of the insurer's business. (5) All management and service contracts and all cost-sharing arrangements, other than cost allocation arrangements based upon generally accepted accounting principles. (6) Reinsurance agreements covering all or substantially all of one or more lines of insurance of the ceding company. (7) Any dividend or other distribution made to a shareholder. (8) Any consolidated agreement to allocate taxes. (d) Any pledge of the insurer's stock, including the stock of any subsidiary or controlling affiliate of the insurer, for a loan made to any member of the insurance holding company system. (e) Any other matters concerning transactions between registered insurers and any affiliates as may be included from time to time in any registration forms adopted or approved by the Commissioner.

2. A statement verifying that: (a) The board of directors of the insurer oversees the corporate governance and internal controls of the insurer; and (b) Officers or senior management of the insurer have approved, implemented and continue to maintain and monitor the corporate governance and internal controls of the insurer.

3. Financial statements of the insurance holding company system and all affiliates, if requested by the Commissioner. This requirement may be satisfied by providing the most recent statement filed with the United States Securities and Exchange Commissioner pursuant to the Securities Act of 1933, 15 U.S.C. §§ 78a et seq., by the insurance holding company system or its parent corporation.
Nev. Rev. Stat. § 695C.16946 — NV Code / Title 57 / Chapter 695C / Section 695C.16946
Required provision concerning coverage of recipients of Medicaid for antipsychotic or anticonvulsant medication that is not on list of preferred prescription drugs upon failure of drug on list to treat condition
Status: in_force

A health maintenance organization that provides health care services to recipients of Medicaid under the State Plan for Medicaid pursuant to a contract with the Division of Health Care Financing and Policy of the Department of Health and Human Services shall automatically cover any typical or atypical antipsychotic medication or anticonvulsant medication that is not on the list of preferred prescription drugs developed pursuant to NRS 422.4025 upon the demonstrated therapeutic failure of one drug on that list to adequately treat the condition of a recipient of Medicaid.
Nev. Rev. Stat. § 690C.310 — NV Code / Title 57 / Chapter 690C / Section 690C.310
Retention of records by provider
Status: in_force

1. A provider shall maintain records of the transactions governed by this chapter. The records of a provider must include: (a) A copy of each type of service contract that the provider issues, sells or offers for sale; (b) The name and address of each holder who possesses a service contract under which the provider has a duty to perform, to the extent that the provider knows the name and address of each holder; (c) A list that includes each location where the provider issues, sells or offers for sale service contracts; and (d) The date and a description of each claim made by a holder under a service contract.

2. Except as otherwise provided in this subsection, a provider shall retain all records relating to a service contract for at least 1 year after the contract has expired. A provider who intends to discontinue doing business in this state shall provide the Commissioner with satisfactory proof that the provider has discharged his or her duties to the holders in this state and shall not destroy his or her records without the prior approval of the Commissioner.

3. The records required to be maintained pursuant to this section may be stored on a computer disc or other storage device for a computer from which the records can be readily printed.
Nev. Rev. Stat. § 691E.180 — NV Code / Title 57 / Chapter 691E / Section 691E.180
“Travel retailer” defined
Status: in_force

“ Travel retailer ” means a person that makes, arranges or offers travel services and, as a service to the customers of the person, may offer and disseminate travel insurance on behalf of, and under the direction of, a producer of limited lines travel insurance.
Nev. Rev. Stat. § 695F.450 — NV Code / Title 57 / Chapter 695F / Section 695F.450
Organization prohibited from asserting certain grounds to deny enrollment of child pursuant to order if parent is insured
Status: in_force

A prepaid limited health service organization shall not deny the enrollment of a child pursuant to an order for medical coverage under any evidence of coverage pursuant to which a parent of the child is insured on the ground that the child:

1. Was born out of wedlock;

2. Has not been claimed as a dependent on the parent's federal income tax return; or

3. Does not reside with the parent or within the organization's geographic area of service.
Nev. Rev. Stat. § 682A.530 — NV Code / Title 57 / Chapter 682A / Section 682A.530
Tangible personal property under lease or other agreement
Status: in_force

1. Subject to the limitations of NRS 682A.512 , 682A.514 and 682A.516 , an insurer may acquire tangible personal property or equity interests therein located or used wholly or in part within a domestic jurisdiction either directly or indirectly through limited partnership interests and general partnership interests not otherwise prohibited by paragraph (d) of subsection 1 of NRS 682A.380 , joint ventures, stock of an investment subsidiary or membership interests in a limited-liability company, trust certificates or other similar instruments.

2. Investments acquired as described in subsection 1 are eligible only if: (a) The property is subject to a lease or other agreement with a person whose rated credit instruments in the amount of the purchase price of the personal property the insurer could acquire in accordance with the provisions of NRS 682A.518 ; and (b) The lease or other agreement provides the insurer the right to receive rental, purchase or other fixed payments for the use or purchase of the property, and the aggregate value of the payments, together with the estimated residual value of the property at the end of its useful life and the estimated tax benefits to the insurer resulting from ownership of the property, must be adequate to return the cost of the insurer's investment in the property, plus a return deemed adequate by the insurer.
Nev. Rev. Stat. § 681A.040 — NV Code / Title 57 / Chapter 681A / Section 681A.040
“Life insurance” defined
Status: in_force

1. “ Life insurance ” is insurance on human lives. The transaction of life insurance includes the granting of endowment benefits, additional incidental benefits in the event of death or dismemberment by accident or accidental means, additional incidental benefits in the event of the insured's disability, optional modes of settlement of proceeds of life insurance, and provisions operating to safeguard contracts of life insurance against lapse.

2. The term includes a policy of life insurance which incorporates long-term care insurance if the policy of life insurance may incorporate the long-term care insurance pursuant to NRS 688A.440 .
Nev. Rev. Stat. § 688A.270 — NV Code / Title 57 / Chapter 688A / Section 688A.270
Prohibited provisions
Status: in_force

1. No life insurance policy, other than industrial life insurance, shall be delivered or issued for delivery in this state, if it contains any of the following provisions: (a) A provision by which the policy purports to be issued or to take effect more than 1 year before the original application for the insurance was made. (b) A provision for any mode of settlement at maturity of the policy of less value than the amount insured under the policy, plus dividend additions, if any, less any indebtedness to the insurer on or secured by the policy and less any premium that may by the terms of the policy be deducted. (c) A provision to the effect that the agent soliciting the insurance is the agent of the person insured under the policy, or making the acts or representations of such agent binding upon the person so insured under the policy.

2. No policy of industrial life insurance shall contain any of the following provisions: (a) A provision by which the insurer may deny liability under the policy for the reason that the insured has previously obtained other insurance from the same insurer. (b) A provision giving the insurer the right to declare the policy void because the insured has had any disease or ailment, whether specified or not, or because the insured has received institutional, hospital, medical or surgical treatment or attention, except a provision which gives the insurer the right to declare the policy void if the insured has, within 2 years prior to the issuance of the policy, received institutional, hospital, medical or surgical treatment or attention and if the insured or claimant under the policy fails to show that the condition occasioning such treatment or attention was not of a serious nature or was not material to the risk. (c) A provision giving the insurer the right to declare the policy void because the insured has been rejected for insurance, unless such right is conditioned upon a showing by the insurer that knowledge of such rejection would have led to a refusal by the insurer to make such contract.
Nev. Rev. Stat. § 696B.160 — NV Code / Title 57 / Chapter 696B / Section 696B.160
“Secured claim” defined
Status: in_force

1. “ Secured claim ” means any claim secured by mortgage, trust deed, pledge, deposit as security, escrow or otherwise, but not including special deposit claims or claims against general assets.

2. “ Secured claim ” includes claims which have become liens upon specific assets through judicial process and not invalidated.
Nev. Rev. Stat. § 680A.060 — NV Code / Title 57 / Chapter 680A / Section 680A.060
Certificate of authority: Required; penalty
Status: in_force

1. A person shall not act as an insurer and an insurer shall not transact insurance in this State by mail or otherwise, except as authorized by a certificate of authority issued by the Commissioner and then in full force, and except as to such transactions as are expressly otherwise provided in this Code.

2. A domestic insurer and a foreign insurer from offices or by personnel or facilities located in this State shall not solicit insurance applications or otherwise transact insurance in another state or country unless it holds a subsisting certificate of authority granted to it by the Commissioner authorizing it to transact the same kind or kinds of insurance in this State.

3. Any officer, director, agent, representative or employee of any insurer who willfully authorizes, negotiates, makes or issues any insurance contract in violation of this section is guilty of a misdemeanor.
Nev. Rev. Stat. § 687B.625 — NV Code / Title 57 / Chapter 687B / Section 687B.625
“Health carrier” defined
Status: in_force

“Health carrier” has the meaning ascribed to it in NRS 695G.024 .
Nev. Rev. Stat. § 691E.240 — NV Code / Title 57 / Chapter 691E / Section 691E.240
License or registration required to act as travel administrator; responsibilities and duties of insurer with respect to travel administrator; travel administrator required to make certain books and records available to Commissioner
Status: in_force

1. Notwithstanding any other provision of this title, a person shall not act or represent himself or herself as a travel administrator in this State unless the person holds a: (a) License as a producer of insurance issued by the Commissioner pursuant to NRS 683A.261 or 683A.271 for a line of authority specified in paragraph (c) or (d) of subsection 1 of NRS 683A.261 ; (b) License as a managing general agent issued by the Commissioner pursuant to NRS 683A.160 ; or (c) Certificate of registration as an administrator issued by the Commissioner pursuant to NRS 683A.08524 .

2. An insurer is responsible for: (a) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (b) Ensuring that the travel administrator maintains all books and records relevant to the insurer.

3. A travel administrator shall make available to the Commissioner upon request the books and records described in paragraph (b) of subsection 2.
Nev. Rev. Stat. § 683C.047 — NV Code / Title 57 / Chapter 683C / Section 683C.047
Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license
Status: in_force

<See notes for changes to this section effective under certain conditions.>

1. If the Commissioner receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a license to act as an insurance consultant, the Commissioner shall deem the license issued to that person to be suspended at the end of the 30th day after the date on which the court order was issued unless the Commissioner receives a letter issued to the holder of the license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .

2. The Commissioner shall reinstate a license to act as an insurance consultant that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560 .
Nev. Rev. Stat. § 695B.315 — NV Code / Title 57 / Chapter 695B / Section 695B.315
Provision of information regarding claims by policyholder for renewal of insurance policy required upon request; fee; regulations
Status: in_force

1. If a policyholder requests information for the renewal of the policy of the policyholder, an insurer shall provide to the policyholder information regarding claims paid on behalf of the policyholder. The information must be provided within 30 working days after the insurer receives a written request from the policyholder. The insurer may charge the policyholder a reasonable fee for the information.

2. The Commissioner may adopt regulations to carry out the provisions of subsection 1.
Nev. Rev. Stat. § 682A.099 — NV Code / Title 57 / Chapter 682A / Section 682A.099
“High grade investment” defined
Status: in_force

“ High grade investment ” means a rated credit instrument rated 1 or 2 by the SVO.
Nev. Rev. Stat. § 684A.115 — NV Code / Title 57 / Chapter 684A / Section 684A.115
Issuance of nonresident license; verification of licensing status; requirement to maintain resident license in home state; termination
Status: in_force

1. The Commissioner shall issue a nonresident license as an adjuster to a nonresident person if: (a) The person is currently licensed in good standing as an adjuster in the resident or home state of the person; (b) The person has submitted the proper request for licensure and has paid the fees required pursuant to NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 ; (c) The person has submitted or transmitted to the Commissioner the appropriate completed application for licensure; and (d) The home state of the person awards nonresident licenses as an adjuster to persons of this State on the same basis.

2. The Commissioner may verify the licensing status of the nonresident person through any appropriate database, including, without limitation, the Producer Database maintained by the National Insurance Producer Registry, its affiliates or subsidiaries, or may request that the nonresident person submit proof that the nonresident person is licensed and in good standing in the person's home state as an adjuster.

3. As a condition to the continuation of a nonresident license as an adjuster, the nonresident adjuster shall maintain a resident license as an adjuster in the home state of the adjuster. A nonresident license as an adjuster issued under this section shall be terminated and must be surrendered immediately to the Commissioner if the resident license as an adjuster in the home state is terminated for any reason, unless: (a) The termination is due to the nonresident adjuster being issued a new resident license as an adjuster in a new home state; and (b) The new resident license as an adjuster is from a state that has reciprocity with this State.

4. The Commissioner shall give notice of the termination of a resident license as an adjuster within 30 days after the date of the termination to any states that issued a nonresident license as an adjuster to the holder of the resident license. If the resident license as an adjuster was terminated due to a change in the home state of the adjuster, the notice must include both the previous and current address of the adjuster.

5. The Commissioner shall terminate a nonresident license as an adjuster issued pursuant to this section if the adjuster establishes legal residency in this State and fails to apply for a resident license as an adjuster within 90 days after establishing legal residency.
Nev. Rev. Stat. § 697.190 — NV Code / Title 57 / Chapter 697 / Section 697.190
Bonds required for license as bail agent, bail solicitor and general agent
Status: in_force

1. Each applicant for a license as a bail agent, bail solicitor or general agent must file with the application, and thereafter maintain in force while so licensed, a bond which complies with NRS 679B.175 and is in an amount determined by the Commissioner.

2. The bond must be conditioned upon full accounting and payment to the person entitled thereto of money, property or other matters coming into the licensee's possession through bail bond transactions under the license.
Nev. Rev. Stat. § 693A.590 — NV Code / Title 57 / Chapter 693A / Section 693A.590
Action by Commissioner on proposed plan; notice and expiration of approval
Status: in_force

1. The Commissioner shall issue an order approving or disapproving a proposed plan of reorganization not later than 30 days after the public hearing required by NRS 693A.585 .

2. The Commissioner shall not approve a proposed plan of reorganization unless the Commissioner finds that the: (a) Plan of reorganization is fair and equitable to the policyholders; (b) Plan of reorganization does not deprive the policyholders of their property rights or due process of law; (c) Reorganized stock insurer meets the minimum requirements for a certificate of authority to transact the business of insurance in this state; and (d) Continued operation of the reorganized stock insurer is not hazardous to future policyholders and the public.

3. If the Commissioner approves a plan of reorganization, the Commissioner shall publish notification of the issuance of the order in a newspaper of general circulation in Carson City and in the county of domicile of the mutual insurer if different from Carson City.

4. If the Commissioner approves a plan of reorganization, the approval expires if the reorganization is not completed within 180 days after the date of approval, unless the period is extended by the Commissioner for good cause.

5. If the Commissioner disapproves a plan of reorganization, the Commissioner shall issue an order setting forth specific findings for the disapproval.
Nev. Rev. Stat. § 690B.100 — NV Code / Title 57 / Chapter 690B / Section 690B.100
Definitions
Status: in_force

As used in NRS 690B.100 to 690B.180 , inclusive, unless the context otherwise requires:

1. “ Home ” means a structure used primarily for residential purposes and includes, without limitation: (a) A single-family dwelling; (b) A unit in a multiple-family structure; (c) A mobile home; and (d) The common elements of a common-interest community, as defined in NRS 116.017 , and any appurtenance to the common elements.

2. “ Insurance for home protection ” means a contract of insurance, which affords coverage over a specified term for a predetermined fee, under which a person, other than the manufacturer, builder, seller or lessor of the home, agrees to repair, replace or indemnify from the cost of repair or replacement based upon the failure of any structure, component, system or appliance of the home. The term does not include: (a) A contract which insures against any consequential losses caused by the defects or failures. (b) An annual home service agreement on household appliances, systems and components if the agreement principally provides for service, repair or replacement due to normal wear and tear or inherent defect. Such agreements may include provisions for incidental indemnity or for service or repair of roof leaks.
Nev. Rev. Stat. § 685A.037 — NV Code / Title 57 / Chapter 685A / Section 685A.037
“Nonadmitted insurance” defined
Status: in_force

“ Nonadmitted insurance ” means any property and casualty insurance permitted to be placed directly or through a broker with a nonadmitted insurer eligible to accept such insurance. The term includes both independently procured insurance and surplus lines insurance.
Nev. Rev. Stat. § 683A.188 — NV Code / Title 57 / Chapter 683A / Section 683A.188
Licensee required to provide training program for employees and authorized representatives
Status: in_force

Each licensee shall provide a training program, which may be provided by a supervising entity, in which employees and authorized representatives of the licensee shall receive basic instruction about the requirements of NRS 683A.181 to 683A.189 , inclusive, and the coverage to be offered for purchase by occupants or prospective occupants.
Nev. Rev. Stat. § 687B.407 — NV Code / Title 57 / Chapter 687B / Section 687B.407
Authority of nonprofit health benefit plan to use list of preferred prescription drugs developed by Department of Health and Human Services as formulary and obtain such drugs through purchasing agreements negotiated by Department; notification of Department
Status: in_force

1. A nonprofit health benefit plan may use the list of preferred prescription drugs developed by the Department of Health and Human Services pursuant to subsection 1 of NRS 422.4025 as its formulary and obtain prescription drugs through the purchasing agreements negotiated by the Department pursuant to that section by notifying the Department in the form prescribed by the Department.

2. As used in this section “health benefit plan” has the meaning ascribed to it in NRS 422.4021 .
Nev. Rev. Stat. § 688C.490 — NV Code / Title 57 / Chapter 688C / Section 688C.490
Establishment, maintenance and modification by licensees of certain protective measures against fraud; confidentiality of plan submitted to Commissioner
Status: in_force

1. Each licensee under this chapter shall establish and maintain protective measures against fraud which are reasonably calculated to prevent, detect and assist in the prosecution of violations of NRS 688C.450 . The Commissioner may order, or a licensee may request and the Commissioner may approve, modifications of the measures otherwise required under this section, more or less restrictive than those measures, as necessary to protect against fraud. Required measures are employment of or contracting with investigators and submission of a plan to the Commissioner which includes: (a) A description of the procedures for detecting and investigating possible violations of NRS 688C.450 and for resolving inconsistencies between medical records and applications for insurance; (b) A description of the procedures for reporting possible violations to the Commissioner; (c) A description of the plan for educating and training underwriters and other personnel against fraud; and (d) A description or chart of the organizational arrangement of the personnel responsible for detecting and investigating possible violations of NRS 688C.450 and for resolving inconsistencies between medical records and applications for insurance.

2. Except as otherwise provided in NRS 239.0115 , a plan submitted to the Commissioner pursuant to subsection 1 is privileged and confidential, not a public record and not subject to discovery or subpoena in a civil action or criminal prosecution.
Nev. Rev. Stat. § 695G.1705 — NV Code / Title 57 / Chapter 695G / Section 695G.1705
Required provision concerning coverage for drugs, laboratory testing and certain services related to human immunodeficiency virus and hepatitis C; reimbursement of certain providers of health care for certain services; prohibited acts
Status: in_force

1. A managed care organization that offers or issues a health care plan shall include in the plan coverage for: (a) All drugs approved by the United States Food and Drug Administration for preventing the acquisition of human immunodeficiency virus or treating human immunodeficiency virus or hepatitis C in the form recommended by the prescribing practitioner, regardless of whether the drug is included in the formulary of the managed care organization; (b) Laboratory testing that is necessary for therapy that uses a drug to prevent the acquisition of human immunodeficiency virus; (c) Any service to test for, prevent or treat human immunodeficiency virus or hepatitis C provided by a provider of primary care if the service is covered when provided by a specialist and: (1) The service is within the scope of practice of the provider of primary care; or (2) The provider of primary care is capable of providing the service safely and effectively in consultation with a specialist and the provider engages in such consultation; and (d) The services described in NRS 639.28085 , when provided by a pharmacist who participates in the network plan of the managed care organization.

2. A managed care organization that offers or issues a health care plan shall reimburse: (a) A pharmacist who participates in the network plan of the managed care organization for the services described in NRS 639.28085 at a rate equal to the rate of reimbursement provided to a physician, physician assistant or advanced practice registered nurse for similar services. (b) An advanced practice registered nurse or a physician assistant who participates in the network plan of the managed care organization for any service to test for, prevent or treat human immunodeficiency virus or hepatitis C at a rate equal to the rate of reimbursement provided to a physician for similar services.

3. A managed care organization shall not: (a) Subject the benefits required by subsection 1 to medical management techniques, other than step therapy; (b) Limit the covered amount of a drug described in paragraph (a) of subsection 1; (c) Refuse to cover a drug described in paragraph (a) of subsection 1 because the drug is dispensed by a pharmacy through mail order service; or (d) Prohibit or restrict access to any service or drug to treat human immunodeficiency virus or hepatitis C on the same day on which the insured is diagnosed.

4. A managed care organization shall ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the managed care organization.

5. A health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the plan that conflicts with the provisions of this section is void.

6. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or use of health care services or prescription drugs. The term includes, without limitation, the use of step therapy, prior authorization and categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a health care plan offered by a managed care organization under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the managed care organization. The term does not include an arrangement for the financing of premiums. (c) “ Primary care ” means the practice of family medicine, pediatrics, internal medicine, obstetrics and gynecology and midwifery. (d) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 695B.1903 — NV Code / Title 57 / Chapter 695B / Section 695B.1903
Required provision concerning coverage for certain treatment as part of clinical trial or study for treatment of cancer or chronic fatigue syndrome; authority of corporation to require certain information; immunity from liability
Status: in_force

1. A policy of health insurance issued by a medical services corporation must provide coverage for medical treatment which a person insured under the policy receives as part of a clinical trial or study if: (a) The medical treatment is provided in a Phase I, Phase II, Phase III or Phase IV study or clinical trial for the treatment of cancer or in a Phase II, Phase III or Phase IV study or clinical trial for the treatment of chronic fatigue syndrome; (b) The clinical trial or study is approved by: (1) An agency of the National Institutes of Health as set forth in 42 U.S.C. § 281(b) ; (2) A cooperative group; (3) The Food and Drug Administration as an application for a new investigational drug; (4) The United States Department of Veterans Affairs; or (5) The United States Department of Defense; (c) In the case of: (1) A Phase I clinical trial or study for the treatment of cancer, the medical treatment is provided at a facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer; or (2) A Phase II, Phase III or Phase IV study or clinical trial for the treatment of cancer or chronic fatigue syndrome, the medical treatment is provided by a provider of health care and the facility and personnel for the clinical trial or study have the experience and training to provide the treatment in a capable manner; (d) There is no medical treatment available which is considered a more appropriate alternative medical treatment than the medical treatment provided in the clinical trial or study; (e) There is a reasonable expectation based on clinical data that the medical treatment provided in the clinical trial or study will be at least as effective as any other medical treatment; (f) The clinical trial or study is conducted in this State; and (g) The insured has signed, before participating in the clinical trial or study, a statement of consent indicating that the insured has been informed of, without limitation: (1) The procedure to be undertaken; (2) Alternative methods of treatment; and (3) The risks associated with participation in the clinical trial or study, including, without limitation, the general nature and extent of such risks.

2. Except as otherwise provided in subsection 3, the coverage for medical treatment required by this section is limited to: (a) Coverage for any drug or device that is approved for sale by the Food and Drug Administration without regard to whether the approved drug or device has been approved for use in the medical treatment of the insured person. (b) The cost of any reasonably necessary health care services that are required as a result of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study or as a result of any complication arising out of the medical treatment provided in a Phase II, Phase III or Phase IV clinical trial or study, to the extent that such health care services would otherwise be covered under the policy of health insurance. (c) The cost of any routine health care services that would otherwise be covered under the policy of health insurance for an insured participating in a Phase I clinical trial or study. (d) The initial consultation to determine whether the insured is eligible to participate in the clinical trial or study. (e) Health care services required for the clinically appropriate monitoring of the insured during a Phase II, Phase III or Phase IV clinical trial or study. (f) Health care services which are required for the clinically appropriate monitoring of the insured during a Phase I clinical trial or study and which are not directly related to the clinical trial or study. Except as otherwise provided in NRS 695B.1901 , the services provided pursuant to paragraphs (b), (c), (e) and (f) must be covered only if the services are provided by a provider with whom the medical services corporation has contracted for such services. If the medical services corporation has not contracted for the provision of such services, the medical services corporation shall pay the provider the rate of reimbursement that is paid to other providers with whom the medical services corporation has contracted for similar services and the provider shall accept that rate of reimbursement as payment in full.

3. Particular medical treatment described in subsection 2 and provided to a person insured under the policy is not required to be covered pursuant to this section if that particular medical treatment is provided by the sponsor of the clinical trial or study free of charge to the person insured under the policy.

4. The coverage for medical treatment required by this section does not include: (a) Any portion of the clinical trial or study that is customarily paid for by a government or a biotechnical, pharmaceutical or medical industry. (b) Coverage for a drug or device described in paragraph (a) of subsection 2 which is paid for by the manufacturer, distributor or provider of the drug or device. (c) Health care services that are specifically excluded from coverage under the insured's policy of health insurance, regardless of whether such services are provided under the clinical trial or study. (d) Health care services that are customarily provided by the sponsors of the clinical trial or study free of charge to the participants in the trial or study. (e) Extraneous expenses related to participation in the clinical trial or study including, without limitation, travel, housing and other expenses that a participant may incur. (f) Any expenses incurred by a person who accompanies the insured during the trial or study. (g) Any item or service that is provided solely to satisfy a need or desire for data collection or analysis that is not directly related to the clinical management of the insured. (h) Any costs for the management of research relating to the clinical trial or study.

5. A medical services corporation that delivers or issues for delivery a policy of health insurance specified in subsection 1 may require copies of the approval or certification issued pursuant to paragraph (b) of subsection 1, the statement of consent signed by the insured, protocols for the clinical trial or study and any other materials related to the scope of the clinical trial or study relevant to the coverage of medical treatment pursuant to this section.

6. A medical services corporation that delivers or issues for delivery a policy of health insurance specified in subsection 1 shall: (a) Include in any disclosure of the coverage provided by the policy notice to each person insured under the policy of the availability of the benefits required by this section. (b) Provide the coverage required by this section subject to the same deductible, copayment, coinsurance and other such conditions for coverage that are required under the policy.

7. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2006, has the legal effect of including the coverage required by this section, and any provision of the policy that conflicts with this section is void.

8. A medical services corporation that delivers or issues for delivery a policy of health insurance specified in subsection 1 is immune from liability for: (a) Any injury to the insured caused by: (1) Any medical treatment provided to the insured in connection with his or her participation in a clinical trial or study described in this section; or (2) An act or omission by a provider of health care who provides medical treatment or supervises the provision of medical treatment to the insured in connection with his or her participation in a clinical trial or study described in this section. (b) Any adverse or unanticipated outcome arising out of an insured's participation in a clinical trial or study described in this section.

9. As used in this section: (a) “ Cooperative group ” means a network of facilities that collaborate on research projects and has established a peer review program approved by the National Institutes of Health. The term includes: (1) The Clinical Trials Cooperative Group Program; and (2) The Community Clinical Oncology Program. (b) “ Facility authorized to conduct Phase I clinical trials or studies for the treatment of cancer ” means a facility or an affiliate of a facility that: (1) Has in place a Phase I program which permits only selective participation in the program and which uses clear-cut criteria to determine eligibility for participation in the program; (2) Operates a protocol review and monitoring system which conforms to the standards set forth in the “Policies and Guidelines Relating to the Cancer Center Support Grant” published by the Cancer Centers Branch of the National Cancer Institute; (3) Employs at least two researchers and at least one of those researchers receives funding from a federal grant; (4) Employs at least three clinical investigators who have experience working in Phase I clinical trials or studies conducted at a facility designated as a comprehensive cancer center by the National Cancer Institute; (5) Possesses specialized resources for use in Phase I clinical trials or studies, including, without limitation, equipment that facilitates research and analysis in proteomics, genomics and pharmacokinetics; (6) Is capable of gathering, maintaining and reporting electronic data; and (7) Is capable of responding to audits instituted by federal and state agencies. (c) “ Provider of health care ” means: (1) A hospital; or (2) A person licensed pursuant to chapter 630, 631 or 633 of NRS .
Nev. Rev. Stat. § 686B.1773 — NV Code / Title 57 / Chapter 686B / Section 686B.1773
Insurers required to record and report certain information and adhere to manual of rules and Uniform Plan for Rating Experience
Status: in_force

1. Every insurer shall: (a) Record and report its experience and losses for policies of industrial insurance to the Advisory Organization in a form consistent with the Uniform Statistical Plan approved by the Commissioner; and (b) Adhere to the manual of rules and Uniform Plan for Rating Experience when providing or reporting its business for industrial insurance.

2. No insurer may agree with another insurer or the Advisory Organization to adhere to a manual of rules which is not reasonably related to the recording or reporting of data according to the Uniform Statistical Plan or Uniform System of Classifications filed by the Advisory Organization.
Nev. Rev. Stat. § 688A.3635 — NV Code / Title 57 / Chapter 688A / Section 688A.3635
Value of paid-up annuity benefits before maturity for contracts not providing cash surrender or death benefits
Status: in_force

For contracts which do not provide cash surrender benefits, the present value of any paid-up annuity benefit available as a nonforfeiture option at any time before maturity shall not be less than the present value of that portion of the maturity value of the paid-up annuity benefit provided under the contract arising from considerations paid before the time when the contract is surrendered in exchange for or changed to a deferred paid-up annuity, such present value being calculated for the period before the maturity date on the basis of the interest rate specified in the contract for accumulating the net considerations to determine such maturity value, and increased by any existing additional amounts credited by the company to the contract. For contracts which do not provide any death benefits before the commencement of any annuity payments, the present values shall be calculated on the basis of such interest rate and the mortality table specified in the contract for determining the maturity value of the paid-up annuity benefit. The present value of a paid-up annuity benefit shall not be less than the minimum nonforfeiture amount at that time.
Nev. Rev. Stat. § 690A.085 — NV Code / Title 57 / Chapter 690A / Section 690A.085
Policies, certificates, forms and schedules of rates: Filing; approval or disapproval; withdrawal of approval
Status: in_force

1. Except as otherwise provided in NRS 690A.087 and 690A.093 , all policies, certificates of insurance, applications for insurance, enrollment forms, endorsements and riders delivered or issued for delivery in this State and the schedules of premium rates related thereto must be filed with the Commissioner.

2. An item filed with the Commissioner pursuant to subsection 1 may not be issued or used until 60 days after it is filed with the Commissioner or until the written prior approval of the Commissioner is obtained.

3. The Commissioner shall, not more than 60 days after an item is submitted to the Commissioner pursuant to subsection 1, disapprove the item if the benefits are not reasonable in relation to the premium charged or if the item contains provisions that are unjust, unfair, inequitable, misleading or deceptive or encourage misrepresentation of the coverage or are contrary to any provision of the Code or any regulation adopted pursuant to the Code. If the Commissioner does not disapprove an item filed pursuant to subsection 1 in accordance with this subsection, the item shall be deemed to be approved.

4. If the Commissioner notifies an insurer that an item is disapproved pursuant to subsection 3, the insurer shall not use the item. The notice must include the reason for the disapproval and state that a hearing will be granted not more than 30 days after the insurer submits a written request for a hearing to the Commissioner, unless postponed by mutual consent or by order of the Commissioner.

5. The Commissioner may hold a hearing to withdraw approval of an item submitted pursuant to subsection 1 not less than 20 days after providing a written notice of the hearing to the insurer. The written notice must include one of the reasons described in subsection 3 for the proposed withdrawal of approval of the item. An insurer shall not use an item if approval of the item is withdrawn pursuant to this subsection.
Nev. Rev. Stat. § 689B.430 — NV Code / Title 57 / Chapter 689B / Section 689B.430
“Open enrollment” defined
Status: in_force

“ Open enrollment ” means the period designated for enrollment in a health benefit plan.
Nev. Rev. Stat. § 686A.490 — NV Code / Title 57 / Chapter 686A / Section 686A.490
No recourse against agent based on insured’s default in payments; limitation on inducements; prohibited acts by company, agent or broker related to submission of agreement
Status: in_force

1. No agreement may contain a provision allowing a company recourse against the agent who submitted the agreement based upon the insured's default in payments.

2. A company, broker or an agent of a company shall not offer to any person as an inducement to enter an agreement any gift, rebate or other consideration unless the consideration is an article of less than $2 in value which includes an advertisement of the company. This subsection does not prohibit a company from providing to a broker or an agent who submits the agreement to the company any supplies or equipment necessary to submit the agreement to the company. Any such supplies or equipment which is not disposable remains the property of the company.

3. A company or an agent or broker submitting an agreement shall not: (a) Induce or attempt to induce an insured to become obligated under more than one agreement to obtain more than one initial charge for entering the agreement. (b) Write any insurance in connection with the agreement, including life or health insurance limited to the amount advanced on behalf of the insured.
Nev. Rev. Stat. § 683A.025 — NV Code / Title 57 / Chapter 683A / Section 683A.025
“Administrator” defined
Status: in_force

1. Except as limited by this section, “ administrator ” means a person who: (a) Directly or indirectly underwrites or collects charges or premiums from or adjusts or settles claims of residents of this State or any other state from within this State in connection with workers' compensation insurance, life or health insurance coverage or annuities, including coverage or annuities provided by an employer for his or her employees; (b) Administers an internal service fund pursuant to NRS 287.010 ; (c) Administers a trust established pursuant to NRS 287.015 , under a contract with the trust; (d) Administers a program of self-insurance for an employer; (e) Administers a program which is funded by an employer and which provides pensions, annuities, health benefits, death benefits or other similar benefits for his or her employees; (f) Administers a program of pharmacy benefits for an employer, insurer, internal service fund or trust; or (g) Is an insurance company that is licensed to do business in this State or is acting as an insurer with respect to a policy lawfully issued and delivered in a state where the insurer is authorized to do business, if the insurance company performs any act described in paragraphs (a) to (f), inclusive, for or on behalf of another insurer unless the insurers are affiliated and each insurer is licensed to do business in this State.

2. “Administrator” does not include: (a) An employee authorized to act on behalf of an administrator who holds a certificate of registration from the Commissioner. (b) An employer acting on behalf of his or her employees or the employees of a subsidiary or affiliated concern. (c) A labor union acting on behalf of its members. (d) Except as otherwise provided in paragraph (g) of subsection 1, an insurance company licensed to do business in this State or acting as an insurer with respect to a policy lawfully issued and delivered in a state in which the insurer was authorized to do business. (e) A producer of life or health insurance licensed in this State, when his or her activities are limited to the sale of insurance. (f) A creditor acting on behalf of his or her debtors with respect to insurance covering a debt between the creditor and debtor. (g) A trust and its trustees, agents and employees acting for it, if the trust was established under the provisions of 29 U.S.C. § 186 . (h) Except as otherwise provided in paragraph (c) of subsection 1, a trust and its trustees, agents and employees acting for it, if the trust was established pursuant to NRS 287.015 . (i) A trust which is exempt from taxation under section 501(a) of the Internal Revenue Code , 26 U.S.C. § 501(a) , its trustees and employees, and a custodian, his or her agents and employees acting under a custodial account which meets the requirements of section 401(f) of the Internal Revenue Code , 26 U.S.C. § 401(f) . (j) A bank, credit union or other financial institution which is subject to supervision by federal or state banking authorities. (k) A company which issues credit cards, and which advances for and collects premiums or charges from credit card holders who have authorized it to do so, if the company does not adjust or settle claims. (l) An attorney at law who adjusts or settles claims in the normal course of his or her practice or employment, but who does not collect charges or premiums in connection with life or health insurance coverage or with annuities.

3. As used in this section, “ affiliated ” means any insurer or other person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, another insurer or other person.
Nev. Rev. Stat. § 690C.320 — NV Code / Title 57 / Chapter 690C / Section 690C.320
Examinations by Commissioner
Status: in_force

1. Except as otherwise provided in this subsection, the Commissioner may conduct examinations to enforce the provisions of this chapter pursuant to the provisions of NRS 679B.230 to 679B.300 , inclusive, at such times as the Commissioner deems necessary. The Commissioner is not required to comply with the requirement in NRS 679B.230 that insurers be examined not less frequently than every 5 years in the enforcement of this chapter.

2. A provider shall, upon the request of the Commissioner, make available to the Commissioner for inspection any accounts, books and records concerning any service contract issued, sold or offered for sale by the provider which are reasonably necessary to enable the Commissioner to determine whether the provider is in compliance with the provisions of this chapter.
Nev. Rev. Stat. § 689C.085 — NV Code / Title 57 / Chapter 689C / Section 689C.085
“Rating period” defined
Status: in_force

“ Rating period ” means the period for which premium rates established by a carrier are assumed to be in effect.
Nev. Rev. Stat. § 687A.110 — NV Code / Title 57 / Chapter 687A / Section 687A.110
Detection and prevention of insolvency: Powers of Board of Directors
Status: in_force

To aid in the detection and prevention of insurer insolvencies:

1. The Board of Directors may, upon majority vote, make recommendations to the Commissioner upon any matter generally related to improving or enhancing regulation for solvency.

2. The Board of Directors may, upon majority vote, make recommendations to the Commissioner for the detection and prevention of insurer insolvencies.

3. The Board of Directors may, at the conclusion of any insolvency of a domestic insurer in which the Association was obligated to pay covered claims, prepare a report on the history and causes of such insolvency, based on the information available to the Association, and submit such report to the Commissioner.
Nev. Rev. Stat. § 690B.031 — NV Code / Title 57 / Chapter 690B / Section 690B.031
Reduction in premium of certain policies of insurance required if motor vehicle is equipped with air bag and other safety device; calculation; approval of Commissioner
Status: in_force

1. A policy of insurance providing coverage arising out of the ownership, maintenance or use of a motor vehicle, other than a motorcycle, which is delivered or issued for delivery in this State and includes coverage for the payment of reasonable and necessary medical expenses or uninsured and underinsured motorists coverage, or both, must contain a provision for the reduction in the premium for such coverage if the motor vehicle: (a) Is equipped with an air bag on the driver's side of the front seat or air bags on the driver's side and passenger's side of the front seat; and (b) Contains any other safety device, other than safety belts, which substantially enhances the safety of the occupants of the motor vehicle.

2. The reduction in premiums required by subsection 1 must be based upon the actuarial and loss experience data available to each insurer and must be approved by the Commissioner. The insurer may offer additional reductions in premiums pursuant to the requirements set forth in subsection 1 if they are approved by the Commissioner. Each reduction must be calculated based on the amount of the premium before any reduction in that premium is made pursuant to this section, and not on the amount of the premium once it has been reduced.

3. The Commissioner shall review and approve or disapprove each policy of insurance that offers a reduction in the premiums provided for in this section. An insurer must receive the written approval of the Commissioner before delivering or issuing for delivery a policy that provides for such a reduction.
Nev. Rev. Stat. § 691E.060 — NV Code / Title 57 / Chapter 691E / Section 691E.060
“Fulfillment materials” defined
Status: in_force

“ Fulfillment materials ” means documentation provided or sent to the purchaser of a travel protection plan that confirms the purchase of the plan and provides information regarding the travel insurance coverage, travel assistance services and cancellation fee waivers, as applicable.
Nev. Rev. Stat. § 685B.035 — NV Code / Title 57 / Chapter 685B / Section 685B.035
Remedies available to Commissioner; limitation on granting authorization as surplus lines insurer or issuing license; statute of limitations for commencement of proceedings
Status: in_force

1. If the Commissioner has reason to believe that an insurer has committed or engaged in, is committing or engaging in, or is about to commit or engage in any practice, transaction or act prohibited by NRS 685B.030 , the Commissioner may: (a) Apply to the district court for injunctive relief pursuant to NRS 685B.040 and for an order imposing an administrative fine pursuant to NRS 685B.080 ; (b) Issue a statement of charges and a notice of an administrative hearing to be held before the Commissioner on those charges and serve the statement and notice upon the person so charged; or (c) Issue a cease and desist order if the Commissioner deems, in his or her discretion, that the insurer's conduct is injurious to the rights and interests of the public or policyholders in this State and that emergency action is imperatively required. If the Commissioner issues a cease and desist order pursuant to this paragraph, the Commissioner shall hold a hearing within 30 days after a request by the insurer in accordance with the provisions of NRS 679B.310 .

2. Any statement of charges and notice of an administrative hearing pursuant to this section must be: (a) Issued as provided in NRS 679B.320 ; and (b) Served personally or by certified or registered mail.

3. After the Commissioner conducts a hearing pursuant to this section, the Commissioner shall issue an order pursuant to NRS 679B.360 . If the Commissioner determines that the person being charged has engaged in a practice prohibited by this title, the Commissioner: (a) Shall order the person to cease and desist from that practice; (b) May order the person to pay an administrative fine pursuant to NRS 685B.080 ; and (c) Shall order the person to pay premium taxes at the same rate of tax as imposed by law on the premiums of similar coverages written by authorized insurers. If the person fails to pay premium taxes on or before March 1 of the year in which the taxes are due, the person is liable for the penalties set forth in NRS 685A.190 .

4. The Commissioner may modify or set aside, in whole or in part, any order issued by the Commissioner pursuant to this section, but any such action must be made before the expiration of the time for taking an appeal or before the official record of the proceeding has been filed with the court.

5. An order issued pursuant to this section: (a) May be reviewed pursuant to NRS 679B.370 . (b) Becomes final: (1) Upon the expiration of the time for taking an appeal, if no petition for judicial review has been filed; or (2) Upon the final decision of the court.

6. If a person violates an order issued pursuant to this section, the Commissioner may, after notice and a hearing, impose an administrative fine of not more than $5,000 for each violation.

7. The Commissioner shall not, sooner than 1 year after the date on which an order pursuant to this section has been issued, grant an authorization as a surplus lines insurer or issue any license pursuant to this title to the violator.

8. Except as otherwise provided by specific statute, the Commissioner shall commence a proceeding pursuant to this section against a person for committing an act of unauthorized insurance not later than 5 years after the date on which the act occurred.
Nev. Rev. Stat. § 686A.350 — NV Code / Title 57 / Chapter 686A / Section 686A.350
Exemptions from requirement of licensing
Status: in_force

1. A license to engage in the business of a company is not required of any: (a) State or federally chartered building association, savings and loan association or savings bank. (b) State or federally chartered bank. (c) State or federally chartered credit union. (d) Thrift company licensed pursuant to chapter 677 of NRS . (e) Producer of insurance financing his or her own accounts. (f) Insurer authorized to do business in this state financing its own policies or those of an affiliated company. (g) Business, in addition to those included in paragraphs (a) to (d), inclusive, which is licensed and regulated by the Division of Financial Institutions of the Department of Business and Industry.

2. The provisions of NRS 686A.330 to 686A.520 , inclusive, other than those which concern licensing, apply to persons exempt from licensing pursuant to subsection 1.
Nev. Rev. Stat. § 681A.550 — NV Code / Title 57 / Chapter 681A / Section 681A.550
Managers: Conditions for employment; annual statement of financial condition; reserves for losses; retrocessional contracts; notice of termination; prohibition against serving on board of directors of reinsurer
Status: in_force

1. A reinsurer shall not engage the services of any person to act as a manager for reinsurance on its behalf unless the person is licensed as required by NRS 681A.430 .

2. A reinsurer shall annually obtain a copy of statements of the financial condition of each manager for reinsurance whom the reinsurer has engaged. The statements must be prepared by an independent certified public accountant in a form approved by the Commissioner.

3. If a manager for reinsurance establishes reserves for losses, the reinsurer shall annually obtain the opinion of an actuary attesting to the adequacy of reserves established for losses incurred and outstanding on the business produced by the manager for reinsurance. The opinion of the actuary must be in addition to any other required certification.

4. An officer of the reinsurer must have authority to bind a reinsurer for all retrocessional contracts and for participation in syndicates for reinsurance. The officer must not be affiliated with the manager for reinsurance.

5. At least 30 days before termination of a contract with a manager for reinsurance, the reinsurer shall provide written notification of the termination to the Commissioner.

6. Except as otherwise provided in chapter 692C of NRS , a reinsurer shall not appoint to its board of directors any officer, director, employee, controlling shareholder or subproducer of its manager for reinsurance.
Nev. Rev. Stat. § 688C.262 — NV Code / Title 57 / Chapter 688C / Section 688C.262
Disclosures required to be provided by provider of viatical settlements or viatical settlement investment agent to purchaser of viatical settlement before execution of settlement; provision of certain brochure
Status: in_force

1. Before the date on which an agreement to purchase a viatical settlement is signed by all parties thereto, the provider of viatical settlements or a viatical settlement investment agent who contracted with or was appointed by the provider of viatical settlements shall provide the purchaser of viatical settlements with the following disclosures: (a) A statement that the purchaser will receive no return on the viatical settlement investment, including dividends and interest, until the insured has died and a claim for a death benefit is made pursuant to the viaticated policy. (b) A statement that the actual annual rate of return on a viatical settlement is dependent upon an accurate projection of the life expectancy of the insured and that a guaranteed annual rate of return is not determinable. (c) A statement that a viaticated policy is not a liquid asset. (d) A statement that the purchaser may lose all, or a substantial portion, of the benefits of the viaticated policy if the insurer who issued the policy goes out of business during the term of the viatical settlement investment. (e) A statement that the purchaser is responsible for the payment of premiums and other costs related to the viaticated policy, including, without limitation, premiums and costs if the insured returns to health, and that those payments may reduce the purchaser's return on the viatical settlement investment. (f) A statement as to whether the purchaser is entitled to a refund of all or a part of the payment of the purchaser pursuant to the viatical settlement investment if the viaticated policy is later determined to be void. (g) A statement that a group insurance policy may contain provisions: (1) Limiting or negating rights of conversion if the policy is terminated and replaced by another policy; and (2) Requiring the payment of additional premiums if the policy is converted. If the group insurance policy requires a payment of additional premiums if the policy is converted, a disclosure statement pursuant to this subparagraph must also identify the name of the party responsible for the payment of the additional premiums. (h) The cost of the premium to be paid by the purchaser. (i) The costs of any fees or other expenses to be paid by the purchaser. (j) The name, business address and telephone number of the designated independent escrow agent. (k) The relationship between the designated independent escrow agent and the broker of viatical settlements. (l) The risks associated with contestability of the policy, including, without limitation, the risk that the purchaser will have no claim or a limited claim to death benefits if the insurer rescinds the policy during the period of contestability. (m) A statement as to whether the purchaser will be the owner of the policy in addition to being the beneficiary and, if the purchaser is the beneficiary only and not also the owner, the additional risks associated with that status, including, without limitation, the risk that the beneficiary may be changed or the premium may not be paid. (n) A description of the experience and qualifications of the person who projects the life expectancy of the insured, the information on which the projection is based and the relationship, if any, between the person who makes the projection and the provider of viatical settlements.

2. The provider of viatical settlements or the viatical settlement investment agent shall also provide to the purchaser of viatical settlements a brochure that describes the process of investment in viatical settlements. The form of the brochure created by the National Association of Insurance Commissioners must be used unless an alternate is developed by the Commissioner.
Nev. Rev. Stat. § 686C.108 — NV Code / Title 57 / Chapter 686C / Section 686C.108
“Person” defined
Status: in_force

“ Person ” includes a government, governmental agency or political subdivision of a government.
Nev. Rev. Stat. § 692C.3501 — NV Code / Title 57 / Chapter 692C / Section 692C.3501
“Corporate governance annual disclosure” defined
Status: in_force

As used in NRS 692C.3501 to 692C.3509 , inclusive, unless the context otherwise requires, “ corporate governance annual disclosure ” means a confidential report filed by an insurer or insurance group made in accordance with the requirements of NRS 692C.3501 to 692C.3509 , inclusive.
Nev. Rev. Stat. § 689.165 — NV Code / Title 57 / Chapter 689 / Section 689.165
Certificate of authority and compliance with provisions required to sell or accept money under prepaid contract
Status: in_force

A person shall not sell any prepaid contract or accept any money under such a contract unless:

1. The person holds a valid certificate of authority as a seller issued by the Commissioner; and

2. The contract and the sale thereof are in compliance with the provisions of NRS 689.150 to 689.375 , inclusive.
Nev. Rev. Stat. § 693A.445 — NV Code / Title 57 / Chapter 693A / Section 693A.445
Application for conversion: Filing and contents; filing fee
Status: in_force

A converting mutual shall file with the Commissioner an application to convert to a domestic stock insurer. The application must be accompanied by a nonrefundable fee of $2,450. The application must include, without limitation:

1. The plan of conversion adopted by the board of directors.

2. A certification that the plan of conversion was duly adopted by a vote of not less than two-thirds of the members of the board of directors of the converting mutual.

3. A certification that the plan of conversion is fair and equitable to the policyholders. This certification must be adopted by a vote of not less than two-thirds of the members of the board of directors of the converting mutual.

4. A statement of the reasons for the proposed conversion and why the conversion is in the best interest of the converting mutual, including, without limitation, a: (a) Detailed analysis of the risks and benefits of the proposed conversion to the converting mutual and its members; and (b) Comparison of the risks and benefits of the conversion with the risks and benefits of a reasonable alternative to the conversion.

5. A written opinion addressed to the board of directors of the converting mutual from a qualified, independent financial adviser attesting that the: (a) Consideration to be provided to the membership of the converting mutual is fair to the eligible members as a group; and (b) Total consideration to be provided to the membership is equal to or greater than the surplus of the converting mutual.

6. An opinion from a qualified actuary attesting that all methodologies and formulas used to allocate the consideration among eligible members are reasonable.

7. Certified copies of the proposed amendments to the articles of incorporation and bylaws to effect the conversion.

8. A copy of the form of the trust agreement of any trust to be used in connection with the conversion.

9. A plan of operation for a closed block to preserve the reasonable dividend expectations of eligible members and other policyholders of policies that provide for the distribution of policy dividends.

10. A form of the proposed notice to be mailed by the converting mutual to its policyholders as required by NRS 693A.460 .

11. A 5-year business plan and at least 2 years of financial projections for the new stock insurer and a parent company, if any.

12. A list of natural persons who are or have been selected to become directors or officers of the new stock insurer and the following information concerning each person on the list, unless the information is already on file with the Commissioner: (a) Occupation; (b) Criminal convictions, other than traffic violations, during the immediately preceding 7 years; (c) Personal bankruptcy of the person or the spouse of the person during the immediately preceding 7 years; (d) Information regarding any consent decree entered into by the person; and (e) Whether the person has been refused a fidelity or other bond during the immediately preceding 7 years.

13. Any plans that the new stock insurer or its parent company, if any, may have to: (a) Raise additional capital through the issuance of stock or otherwise; (b) Sell or issue stock to any person; (c) Liquidate or dissolve any company or sell any material assets; (d) Merge, consolidate or pursue any other form of reorganization with any person; or (e) Make any material change in its investment policy, business, corporate structure or management.

14. Copies of proposed articles of incorporation and any proposed bylaws of the new stock insurer.

15. Such additional information as the Commissioner may by regulation prescribe as necessary or appropriate for the protection of policyholders and security holders of the converting mutual, or for the protection of the public interest.
Nev. Rev. Stat. § 681A.280 — NV Code / Title 57 / Chapter 681A / Section 681A.280
“Broker for reinsurance” defined
Status: in_force

“Broker for reinsurance” means a person who negotiates a contract of reinsurance between a reinsured and reinsurer on behalf of the reinsured and who receives a commission for placement and other services rendered. The term does not include the ceding insurer.
Nev. Rev. Stat. § 695G.1717 — NV Code / Title 57 / Chapter 695G / Section 695G.1717
Required provision concerning coverage for certain services, screenings and tests relating to wellness; prohibited acts
Status: in_force

1. A managed care organization that offers or issues a health care plan shall include in the plan coverage for: (a) Counseling, support and supplies for breastfeeding, including breastfeeding equipment, counseling and education during the antenatal, perinatal and postpartum period for not more than 1 year; (b) Screening and counseling for interpersonal and domestic violence for women at least annually with initial intervention services consisting of education, strategies to reduce harm, supportive services or a referral for any other appropriate services; (c) Behavioral counseling concerning sexually transmitted diseases from a provider of health care for sexually active women who are at increased risk for such diseases; (d) Hormone replacement therapy; (e) Such prenatal screenings and tests as recommended by the American College of Obstetricians and Gynecologists or its successor organization; (f) Screening for blood pressure abnormalities and diabetes, including gestational diabetes, after at least 24 weeks of gestation or as ordered by a provider of health care; (g) Screening for cervical cancer at such intervals as are recommended by the American College of Obstetricians and Gynecologists or its successor organization; (h) Screening for depression; (i) Screening and counseling for the human immunodeficiency virus consisting of a risk assessment, annual education relating to prevention and at least one screening for the virus during the lifetime of the insured or as ordered by a provider of health care; (j) Smoking cessation programs for an insured who is 18 years of age or older consisting of not more than two cessation attempts per year and four counseling sessions per year; (k) All vaccinations recommended by the Advisory Committee on Immunization Practices of the Centers for Disease Control and Prevention of the United States Department of Health and Human Services or its successor organization; and (l) Such well-woman preventative visits as recommended by the Health Resources and Services Administration, which must include at least one such visit per year beginning at 14 years of age.

2. A managed care organization must ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the managed care organization.

3. Except as otherwise provided in subsection 5, a managed care organization that offers or issues a health care plan shall not: (a) Require an insured to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition to obtain any benefit provided in the health care plan pursuant to subsection 1; (b) Refuse to issue a health care plan or cancel a health care plan solely because the person applying for or covered by the plan uses or may use any such benefit; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from obtaining any such benefit; (d) Penalize a provider of health care who provides any such benefit to an insured, including, without limitation, reducing the reimbursement of the provider of health care; (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay access to any such benefit to an insured; or (f) Impose any other restrictions or delays on the access of an insured to any such benefit.

4. A health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2018, has the legal effect of including the coverage required by subsection 1, and any provision of the plan or the renewal which is in conflict with this section is void.

5. Except as otherwise provided in this section and federal law, a managed care organization may use medical management techniques, including, without limitation, any available clinical evidence, to determine the frequency of or treatment relating to any benefit required by this section or the type of provider of health care to use for such treatment.

6. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a health care plan offered by a managed care organization under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the managed care organization. The term does not include an arrangement for the financing of premiums. (c) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 687B.409 — NV Code / Title 57 / Chapter 687B / Section 687B.409
Payments to out-of-network providers for treatment of mental health or alcohol or substance use disorder; assignment of benefits
Status: in_force

1. Every payment made pursuant to a policy of health insurance to pay for treatment relating solely to mental health or an alcohol or substance use disorder must be made directly to the provider of health care that provides the treatment if the provider: (a) Is an out-of-network provider; and (b) Has obtained and delivered to the insurer or an authorized representative of the insurer, including, without limitation, a third-party administrator, a written assignment of benefits pursuant to which the insured has assigned to the provider the insured's benefits under the policy of health insurance with regard to the treatment.

2. An out-of-network provider that receives payment pursuant to subsection 1: (a) Shall, if a person paid the provider directly for the treatment described in subsection 1, refund to the person the amount that the person paid directly to the provider for the treatment, less any applicable deductible, copayment or coinsurance, not later than 45 days after the provider receives payment pursuant to subsection 1; and (b) Must indemnify and hold harmless the insurer against any claim made against the insurer by the person who receives the treatment described in subsection 1 for any amount paid by the insurer to the provider in compliance with this section.

3. An assignment of benefits described in paragraph (b) of subsection 1 is irrevocable for the period: (a) Beginning on the date the insured gives to the out-of-network provider the assignment of benefits; and (b) Ending on the later of: (1) The date on which the out-of-network provider receives from the insurer the final payment for the treatment; or (2) The date of the final resolution, including, without limitation, by settlement or trial, of all claims relating to all payments which relate to the treatment.

4. Nothing in this section shall be construed to require an insurer to make a payment to an out-of-network provider: (a) Who is not authorized by law to provide the treatment; (b) Who provides the treatment in violation of any law; or (c) In an amount which exceeds the amount required by the policy of health insurance to be paid for out-of-network treatment.

5. As used in this section: (a) “ Health care services ” means services for the diagnosis, prevention, treatment, care or relief of a health condition, illness, injury or disease. (b) “ Insured ” means a person who receives benefits pursuant to a policy of health insurance. (c) “ Insurer ” means a person, including, without limitation, a governmental entity, who issues or otherwise provides a policy of health insurance. (d) “Network plan” has the meaning ascribed to it in NRS 689B.570 . (e) “ Out-of-network provider ” means a provider of health care who: (1) Provides health care services; (2) Is paid, pursuant to a policy of health insurance, for providing the health care services; and (3) Is not under contract to provide the health care services as part of any network plan associated with the policy of health insurance. (f) “ Policy of health insurance ” includes, without limitation, a policy, contract, certificate, plan or agreement, as applicable, issued pursuant to or otherwise governed by NRS 287.0402 to 287.049 , inclusive, or chapter 608 , 689A, 689B, 689C, 695A, 695B, 695C, 695F or 695G of NRS for the provision of, delivery of, arrangement for, payment for or reimbursement for any of the costs of health care services. (g) “Provider of health care” has the meaning ascribed to it in NRS 695G.070 .
Nev. Rev. Stat. § 680B.036 — NV Code / Title 57 / Chapter 680B / Section 680B.036
General tax on premiums: Credit for policies of industrial insurance
Status: in_force

1. Each insurer providing industrial insurance in this state pursuant to chapters 616A to 617, inclusive, of NRS is entitled to a credit against the premium tax paid pursuant to NRS 680B.027 for its policies of industrial insurance in an amount equal to the assessment paid by the insurer to the Division of Industrial Relations of the Department of Business and Industry pursuant to NRS 232.680 .

2. The credit provided to an insurer pursuant to subsection 1 does not expire and the insurer may carry forward any unused amount of the credit into subsequent years until the entire amount of the credit is used.
Nev. Rev. Stat. § 690A.011 — NV Code / Title 57 / Chapter 690A / Section 690A.011
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 690A.012 to 690A.0247 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 695C.050 — NV Code / Title 57 / Chapter 695C / Section 695C.050
Applicability of certain provisions
Status: in_force

1. Except as otherwise provided in this chapter or in specific provisions of this title, the provisions of this title are not applicable to any health maintenance organization granted a certificate of authority under this chapter. This provision does not apply to an insurer licensed and regulated pursuant to this title except with respect to its activities as a health maintenance organization authorized and regulated pursuant to this chapter.

2. Solicitation of enrollees by a health maintenance organization granted a certificate of authority, or its representatives, must not be construed to violate any provision of law relating to solicitation or advertising by practitioners of a healing art.

3. Any health maintenance organization authorized under this chapter shall not be deemed to be practicing medicine and is exempt from the provisions of chapter 630 of NRS .

4. The provisions of NRS 695C.110 , 695C.125 , 695C.1691 , 695C.1693 , 695C.170 , 695C.1703 , 695C.1705 , 695C.1709 to 695C.173 , inclusive, 695C.1733 , 695C.17335 , 695C.1734 , 695C.1751 , 695C.1755 , 695C.1759 , 695C.176 to 695C.200 , inclusive, and 695C.265 do not apply to a health maintenance organization that provides health care services through managed care to recipients of Medicaid under the State Plan for Medicaid or insurance pursuant to the Children's Health Insurance Program pursuant to a contract with the Division of Health Care Financing and Policy of the Department of Health and Human Services. This subsection does not exempt a health maintenance organization from any provision of this chapter for services provided pursuant to any other contract.

5. The provisions of NRS 695C.16932 to 695C.1699 , inclusive, 695C.1701 , 695C.1708 , 695C.1728 , 695C.1731 , 695C.17333 , 695C.17345 , 695C.17347 , 695C.1736 to 695C.1745 , inclusive, 695C.1757 and 695C.204 apply to a health maintenance organization that provides health care services through managed care to recipients of Medicaid under the State Plan for Medicaid.

6. The provisions of NRS 695C.17095 do not apply to a health maintenance organization that provides health care services to members of the Public Employees' Benefits Program. This subsection does not exempt a health maintenance organization from any provision of this chapter for services provided pursuant to any other contract.

7. The provisions of NRS 695C.1735 do not apply to a health maintenance organization that provides health care services to: (a) The officers and employees, and the dependents of officers and employees, of the governing body of any county, school district, municipal corporation, political subdivision, public corporation or other local governmental agency of this State; or (b) Members of the Public Employees' Benefits Program. This subsection does not exempt a health maintenance organization from any provision of this chapter for services provided pursuant to any other contract.
Nev. Rev. Stat. § 682B.180 — NV Code / Title 57 / Chapter 682B / Section 682B.180
Revised Statutes Title to assets
Status: in_force

Title to the trusteed assets is vested in the trustee and its successors for the purposes of the trust deposit, and the trust agreement shall so provide.
Nev. Rev. Stat. § 695B.1926 — NV Code / Title 57 / Chapter 695B / Section 695B.1926
Required provision concerning coverage for testing, treatment and prevention of sexually transmitted diseases; required provision concerning coverage for condoms for certain insureds
Status: in_force

1. A hospital or medical services corporation that offers or issues a policy of health insurance shall include in the policy: (a) Coverage of testing for and the treatment and prevention of sexually transmitted diseases, including, without limitation, Chlamydia trachomatis , gonorrhea, syphilis, human immunodeficiency virus and hepatitis B and C, for all insureds, regardless of age. Such coverage must include, without limitation, the coverage required by NRS 695B.1913 and 695B.1924 . (b) Unrestricted coverage of condoms for insureds who are 13 years of age or older.

2. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the policy that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 691A.010 — NV Code / Title 57 / Chapter 691A / Section 691A.010
Applicability of other provisions
Status: in_force

All contracts of property insurance covering subjects located in this state are subject to the applicable provisions of chapter 687B of NRS (the insurance contract), and to other applicable provisions of this Code.
Nev. Rev. Stat. § 693A.435 — NV Code / Title 57 / Chapter 693A / Section 693A.435
Procedure for conversion
Status: in_force

A domestic mutual insurer or a mutual insurance holding company may amend its articles of incorporation to become a domestic stock insurer by complying with NRS 693A.400 to 693A.540 , inclusive, and obtaining a certificate of authority from the Commissioner.
Nev. Rev. Stat. § 689A.420 — NV Code / Title 57 / Chapter 689A / Section 689A.420
Definitions
Status: in_force

As used in NRS 689A.420 to 689A.460 , inclusive, unless the context otherwise requires:

1. “ Medicaid ” means a program established in any state pursuant to Title XIX of the Social Security Act ( 42 U.S.C. §§ 1396 et seq. ) to provide assistance for part or all of the cost of medical care rendered on behalf of indigent persons.

2. “ Order for medical coverage ” means an order of a court or administrative tribunal to provide coverage under a policy of health insurance to a child pursuant to the provisions of 42 U.S.C. § 1396g-1 .
Nev. Rev. Stat. § 692C.320 — NV Code / Title 57 / Chapter 692C / Section 692C.320
Registration on behalf of affiliated insurer
Status: in_force

The Commissioner may allow an insurer which is authorized to do business in this state and which is part of an insurance holding company system to register on behalf of any affiliated insurer which is required to register under NRS 692C.260 , and to file all information and material required to be filed under NRS 692C.260 to 692C.350 , inclusive.
Nev. Rev. Stat. § 695A.023 — NV Code / Title 57 / Chapter 695A / Section 695A.023
“Medicaid” defined
Status: in_force

“ Medicaid ” means a program established in any state pursuant to Title XIX of the Social Security Act ( 42 U.S.C. §§ 1396 et seq. ) to provide assistance for part or all of the cost of medical care rendered on behalf of indigent persons.
Nev. Rev. Stat. § 687B.500 — NV Code / Title 57 / Chapter 687B / Section 687B.500
Basis for premium rate; exceptions
Status: in_force

1. The premium rate charged by a health insurer for health benefit plans offered in the individual or small employer group market may vary with respect to the particular plan or coverage involved based solely on these characteristics: (a) Whether the plan or coverage applies to an individual or a family; (b) Geographic rating area; (c) Tobacco use, except that the rate shall not vary by a ratio of more than 1.5 to 1 for like individuals who vary in tobacco use; and (d) Age, except that the rate must not vary by a ratio of more than 3 to 1 for like individuals of different age who are age 21 years or older and that the variation in rate must be actuarially justified for individuals who are under the age of 21 years, consistent with the uniform age rating curve established in the Federal Act. For the purpose of identifying the appropriate age adjustment under this paragraph and the age band defined in the Federal Act to a specific enrollee, the enrollee's age as of the date of policy issuance or renewal must be used.

2. The provisions of subsection 1: (a) Apply to a fraternal benefit society organized under chapter 695A of NRS ; and (b) Do not apply to grandfathered plans.

3. As used in this section, “small employer” has the meaning ascribed to it in NRS 689C.095 .
Nev. Rev. Stat. § 692C.430 — NV Code / Title 57 / Chapter 692C / Section 692C.430
Injunctive relief
Status: in_force

Whenever it appears to the Commissioner that any insurer or any director, officer, employee or agent thereof has committed or is about to commit a violation of this chapter or of any rule, regulation, or order issued by the Commissioner hereunder, the Commissioner may apply to the district court for the county in which the principal office of the insurer is located or if such insurer has no such office in this state, then to the First Judicial District Court in and for Carson City for an order enjoining such insurer or such director, officer, employee or agent thereof from violating or continuing to violate this chapter or any such rule, regulation or order, and for such other equitable relief as the nature of the case and the interests of the insurer's policyholders, creditors and shareholders or the public may require.
Nev. Rev. Stat. § 696B.020 — NV Code / Title 57 / Chapter 696B / Section 696B.020
Applicability of chapter
Status: in_force

The applicable provisions of this chapter apply to:

1. All insurers authorized to transact insurance in this state;

2. All insurers having policyholders resident in this state;

3. All insurers against whom a claim under an insurance contract may arise in this state;

4. All persons in the process of organization, or holding themselves out as organizing, or proposing to organize in this state for the purpose of becoming an insurer; and

5. All other persons to whom such provisions are otherwise expressly made applicable by law.
Nev. Rev. Stat. § 696B.310 — NV Code / Title 57 / Chapter 696B / Section 696B.310
Claims of nonresidents against domestic insurers
Status: in_force

1. In a delinquency proceeding begun in this state against a domestic insurer, claimants residing in reciprocal states may file claims either with the ancillary receivers, if any, in their respective states, or with the domiciliary receiver. All such claims must be filed on or before the last date fixed for the filing of claims in the domiciliary delinquency proceedings.

2. Controverted claims belonging to claimants residing in reciprocal states may either: (a) Be proved in this state; or (b) If ancillary proceedings have been commenced in such reciprocal states, be proved in those proceedings. If a claimant elects to prove a claim in ancillary proceedings and if notice of the claim and opportunity to appear and be heard is afforded the domiciliary receiver of this state, as provided in NRS 696B.320 with respect to ancillary proceedings in this state, the final allowance of such claim by the courts in the ancillary state shall be accepted in this state as conclusive as to its amount and shall also be accepted as conclusive as to its priority, if any, against special deposits or other security located within the ancillary state.
Nev. Rev. Stat. § 687A.150 — NV Code / Title 57 / Chapter 687A / Section 687A.150
Immunity from liability
Status: in_force

There is no liability, and no cause of action of any nature shall arise against any member insurer, the Association, its agents or employees, the Board of Directors, the Commissioner or the representatives of the Commissioner, for any reasonable action taken, or any failure to act, by them in the performance of their duties and powers under this chapter.
Nev. Rev. Stat. § 694B.090 — NV Code / Title 57 / Chapter 694B / Section 694B.090
Modifications
Status: in_force

Modifications of the terms of the subscribers' agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers' advisory committee. No such modification shall be effective retroactively, or as to any insurance contract issued prior thereto.
Nev. Rev. Stat. § 693A.535 — NV Code / Title 57 / Chapter 693A / Section 693A.535
Judicial review of final order of Commissioner
Status: in_force

Any person aggrieved by a final order of the Commissioner issued pursuant to NRS 693A.400 to 693A.540 , inclusive, may petition for judicial review in the manner provided by chapter 233B of NRS .
Nev. Rev. Stat. § 694C.050 — NV Code / Title 57 / Chapter 694C / Section 694C.050
“Association captive insurer” defined
Status: in_force

“ Association captive insurer ” means a captive insurer that only insures risks of the member organizations of an association and the affiliated companies of those members if:

1. The association or the member organizations of the association: (a) Have complete control over the power to vote all the outstanding voting securities of the association captive insurer, if the association captive insurer is incorporated as a stock insurer; or (b) Have complete voting control over the captive insurer, if the captive insurer is formed as a mutual insurer; and

2. The member organizations of the association collectively constitute all the subscribers of the captive insurer, if the captive insurer is formed as a reciprocal insurer.
Nev. Rev. Stat. § 690D.040 — NV Code / Title 57 / Chapter 690D / Section 690D.040
“Dealer” defined
Status: in_force

“ Dealer ” means a seller of a vehicle who provides or arranges for the provision of credit to the buyer of the vehicle for the purpose of financing the purchase of the vehicle.
Nev. Rev. Stat. § 688C.450 — NV Code / Title 57 / Chapter 688C / Section 688C.450
Felonious acts
Status: in_force

It is a category D felony, and the offender shall be punished as provided in NRS 193.130 , for any person, knowingly or with intent to defraud, to do any of the following acts in order to deprive another of property or for the person's own pecuniary gain:

1. Present, cause to be presented or prepare with knowledge or belief that it will be presented, false information to or by an investment agent or a provider or broker of viatical settlements, a financing agent, an insurer, a provider of insurance or any other person, or to conceal information, as part of, in support of or concerning a fact material to: (a) An application for the issuance of a policy or viatical settlement; (b) The underwriting of a policy or viatical settlement; (c) A claim for payment or other benefit under a policy, viatical settlement or agreement to purchase a viatical settlement; (d) A premium paid on a policy or as a result of an agreement to purchase a viatical settlement; (e) A payment or change of beneficiary or ownership pursuant to a policy or viatical settlement; (f) The reinstatement or conversion of a policy; (g) The solicitation, offer or effectuation of a policy, viatical settlement or agreement to purchase a viatical settlement; or (h) The issuance of written evidence of a policy, viatical settlement or agreement to purchase a viatical settlement.

2. In furtherance of a fraud or to prevent detection of a fraud: (a) Remove, conceal, alter, destroy or sequester from the Commissioner assets or records of a licensee under this chapter or other person engaged in the business of viatical settlements; (b) Misrepresent or conceal the financial condition of a licensee, a financing agent, an insurer or other person; (c) Transact the business of viatical settlements in violation of this chapter; or (d) File with the Commissioner or analogous officer of another jurisdiction a document containing false information or otherwise conceal information about a material fact from the Commissioner or other officer.

3. Present, cause to be presented or prepare with knowledge or belief that it will be presented to or by a provider or broker of viatical settlements, an investment agent, a financing agent, an insurer, a provider of insurance or any other person, in connection with a viatical settlement or transaction of insurance, a policy fraudulently by the insured or owner or an agent of either.

4. Embezzle, steal, misappropriate or convert money, premiums, credits or other property in an amount or having a value of less than $650 of a provider of viatical settlements, a viator, an insurer, an insured, an owner of a policy or other person engaged in the business of viatical settlements or insurance.

5. Attempt to commit, assist, aid, abet or conspire to commit an act or omission described in subsections 1 to 4, inclusive.

6. Under no circumstances is a violation of this section considered or intended to be a lesser included offense of a violation of the provisions of NRS 90.570 .
Nev. Rev. Stat. § 696B.370 — NV Code / Title 57 / Chapter 696B / Section 696B.370
Exemption of Commissioner from fees
Status: in_force

The Commissioner shall not be required to pay any fee to any public officer in this state for service of process, or for filing, recording, issuing a transcript or certificate or authenticating any paper or instrument pertaining to the exercise by the Commissioner of any of the powers or duties conferred upon him or her under this chapter, whether or not such paper or instrument is executed by the Commissioner or the deputies, employees or attorneys of record of the Commissioner and whether or not it is connected with the commencement of any action or proceeding by or against the Commissioner, or with the subsequent conduct of such action or proceeding.
Nev. Rev. Stat. § 687B.602 — NV Code / Title 57 / Chapter 687B / Section 687B.602
“Administrator” defined
Status: in_force

“Administrator” has the meaning ascribed to it in NRS 683A.025 .
Nev. Rev. Stat. § 692C.150 — NV Code / Title 57 / Chapter 692C / Section 692C.150
Exemption from restrictions on investments
Status: in_force

Investments in common stock, preferred stock, debt obligations or other securities of subsidiaries made pursuant to NRS 692C.140 shall not be subject to any of the otherwise applicable restrictions or prohibitions contained in this chapter which are applicable to such investments.
Nev. Rev. Stat. § 692C.056 — NV Code / Title 57 / Chapter 692C / Section 692C.056
“Group Capital Calculation instructions” defined
Status: in_force

“ Group Capital Calculation instructions ” means the applicable instructions for group capital calculations as adopted by the NAIC and as amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.
Nev. Rev. Stat. § 681A.460 — NV Code / Title 57 / Chapter 681A / Section 681A.460
Brokers: Transactions with insurer; termination; duties
Status: in_force

1. A transaction between a broker for reinsurance and the insurer he or she represents may only be entered into by written agreement. The agreement must specify the responsibilities of each party.

2. The insurer may terminate the authority of the broker for reinsurance at any time.

3. The broker for reinsurance shall: (a) Render accounts to the insurer accurately detailing all material transactions, including information necessary to support all commissions, charges and other fees received by or owing to the broker for reinsurance; and (b) Remit all money due to the insurer within 30 days after receipt.

4. All money collected for the account of the insurer must be held by the broker for reinsurance in a fiduciary capacity in a bank or credit union which is a qualified financial institution.

5. The broker for reinsurance shall comply with the written standards established by the insurer for the cession or retrocession of all risks.

6. The broker for reinsurance shall disclose to the insurer any relationship with any reinsurer to which insurance will be ceded or retroceded.
Nev. Rev. Stat. § 688C.370 — NV Code / Title 57 / Chapter 688C / Section 688C.370
Advertisements: Avoidance of deception; filing of materials with Commissioner; regulations
Status: in_force

1. An advertisement must be truthful and not misleading in fact or by implication. The form and content of an advertisement for viatical settlements, agreements to purchase viatical settlements or related products or services must be sufficiently complete and clear to avoid deception. An advertisement may not have a capacity or tendency to mislead or deceive, as determined by the Commissioner from the overall impression it may reasonably be expected to create upon a person of average education or intelligence in the segment of the public to which it is directed.

2. A provider of viatical settlements shall not enter into a viatical settlement unless the promotional, advertising and marketing materials, in at least 12-point type, have been filed with the Commissioner pursuant to regulations adopted by the Commissioner. The Commissioner shall adopt such regulations as the Commissioner deems necessary to carry out the provisions of this subsection.
Nev. Rev. Stat. § 695B.256 — NV Code / Title 57 / Chapter 695B / Section 695B.256
Issuance and effective date of converted contract; premiums; persons covered
Status: in_force

The medical service corporation shall:

1. Issue the converted contract without evidence of insurability;

2. Base the premium on the converted policies for the first 12 months, and subsequent renewals, upon the medical service corporation's table of premium rates applicable to the age and class of risk of each person to be covered under the contract and to the type and amount of coverage provided. The frequency of premium payments must be the same as is customarily required by the medical service corporation for the contract form and plan selected except that premium payments must not be required more often than quarterly;

3. Provide that the effective date of the converted contract is 12:01 a.m. on the day after the termination of coverage under the group contract; and

4. Provide that the converted contract covers the employee or member and dependents of the employee or member who were covered by the group contract on the date of his or her termination. At the option of the insurer, a separate converted contract may be issued to cover any dependent.
Nev. Rev. Stat. § 684A.235 — NV Code / Title 57 / Chapter 684A / Section 684A.235
Regulations
Status: in_force

The Commissioner may promulgate reasonable regulations as are necessary or proper to carry out the purposes of this chapter.
Nev. Rev. Stat. § 683A.174 — NV Code / Title 57 / Chapter 683A / Section 683A.174
“Pharmacy benefit manager” defined
Status: in_force

“ Pharmacy benefit manager ” means an entity that contracts with or is employed by a third party and manages the pharmacy benefits plan provided by the third party.
Nev. Rev. Stat. § 695C.1751 — NV Code / Title 57 / Chapter 695C / Section 695C.1751
Required provision in plan covering treatment of prostate cancer concerning coverage for prostate cancer screening; prohibited act
Status: in_force

1. A health care plan of a health maintenance organization that provides coverage for the treatment of prostate cancer must provide coverage for prostate cancer screening in accordance with: (a) The guidelines concerning prostate cancer screening which are published by the American Cancer Society; or (b) Other guidelines or reports concerning prostate cancer screening which are published by nationally recognized professional organizations and which include current or prevailing supporting scientific data.

2. A health care plan of a health maintenance organization that provides coverage for the treatment of prostate cancer must not require an insured to obtain prior authorization for any service provided pursuant to subsection 1.

3. Any evidence of coverage for a health care plan of a health maintenance organization that provides coverage for the treatment of prostate cancer which is delivered, issued for delivery or renewed on or after July 1, 2007, has the legal effect of including the coverage required by subsection 1, and any provision of the evidence of coverage or the renewal which is in conflict with subsection 1 is void.
Nev. Rev. Stat. § 680A.010 — NV Code / Title 57 / Chapter 680A / Section 680A.010
Definitions
Status: in_force

As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 680A.020 to 680A.050 , inclusive, shall have the meanings ascribed to them in NRS 680A.020 to 680A.050 , inclusive.
Nev. Rev. Stat. § 689A.330 — NV Code / Title 57 / Chapter 689A / Section 689A.330
Policies issued for delivery in another state
Status: in_force

If any policy is issued by a domestic insurer for delivery to a person residing in another state, and if the insurance commissioner or corresponding public officer of that other state has informed the Commissioner that the policy is not subject to approval or disapproval by that officer, the Commissioner may by ruling require that the policy meet the standards set forth in NRS 689A.030 to 689A.320 , inclusive.
Nev. Rev. Stat. § 686A.170 — NV Code / Title 57 / Chapter 686A / Section 686A.170
Enforcement: Undefined practices
Status: in_force

1. If the Commissioner believes that any person engaged in the insurance business is in the conduct of such business engaging in this state in any method of competition or in any act or practice not defined in NRS 686A.010 to 686A.310 , inclusive, which is unfair or deceptive and that a proceeding by the Commissioner in respect thereto would be in the public interest, the Commissioner shall, after a hearing of which notice and of the charges against such person are given to the person, make a written report of the findings of fact relative to such charges and serve a copy thereof upon such person and any intervener at the hearing.

2. If such report charges a violation of NRS 686A.010 to 686A.310 , inclusive, and if such method of competition, act or practice has not been discontinued, the Commissioner may, through the Attorney General, at any time after 20 days after the service of such report cause an action to be instituted in the district court of the county wherein the person resides or has his or her principal place of business to enjoin and restrain such person from engaging in such method, act or practice. The court shall have jurisdiction of the proceeding and shall have power to make and enter appropriate orders in connection therewith and to issue such writs or orders as are ancillary to its jurisdiction or necessary in its judgment to prevent injury to the public pendente lite; but the State of Nevada shall not be required to give security before the issuance of any such order or injunction under this section. If a stenographic record of the proceedings in the hearing before the Commissioner was made, a certified transcript thereof including all evidence taken and the report and findings shall be received in evidence in such action.

3. If the court finds that: (a) The method of competition complained of is unfair or deceptive; (b) The proceedings by the Commissioner with respect thereto are to the interest of the public; and (c) The findings of the Commissioner are supported by the weight of the evidence, it shall issue its order enjoining and restraining the continuance of such method of competition, act or practice.

4. Either party may appeal from such final judgment or order or decree of court in a like manner as provided for appeals in civil cases.

5. If the Commissioner's report made under subsection 1 or order on hearing made under NRS 679B.360 does not charge a violation of NRS 686A.010 to 686A.310 , inclusive, then any intervener in the proceedings may appeal therefrom within the time and in the manner provided in this Code for appeals from the Commissioner generally.

6. Upon violation of any injunction issued under this section, the Commissioner, after a hearing thereon, may impose the appropriate penalties provided for in NRS 686A.187 .
Nev. Rev. Stat. § 682A.520 — NV Code / Title 57 / Chapter 682A / Section 682A.520
Insurer investment pools
Status: in_force

1. An insurer may acquire investments in investment pools that invest only in: (a) Obligations that are rated 1 or 2 by the SVO or have an equivalent of an SVO 1 or 2 rating, or, in the absence of a 1 or 2 rating or equivalent rating, the issuer has outstanding obligations with an SVO 1 or 2 equivalent rating, by a nationally recognized statistical rating organization recognized by the SVO, and have: (1) A remaining maturity of 397 days or less or a put option that entitles the holder to receive the principal amount of the obligation with the ability to exercise the put option through maturity at specified intervals not exceeding 397 days; or (2) A remaining maturity of less than or equal to 3 years and a floating interest rate that resets not less frequently than quarterly on the basis of a current short-term index and is not subject to a maximum limit, if the obligations do not have an interest rate that varies inversely to market interest rate changes. For the purpose of this subparagraph, qualifying short-term indexes include, without limitation, the federal funds rate, prime rate, treasury bills rates, the London Interbank Offered Rate or commercial paper rates. (b) Government money market mutual funds or class one money market mutual funds. (c) Securities lending, repurchase and reverse repurchase transactions that meet all the requirements of NRS 682A.548 , except the quantitative limitations of subsection 4 of that section. (d) Investments which an insurer may acquire pursuant to this chapter if the insurer's proportionate interest in the amount invested in these investments does not exceed the applicable limits of this chapter.

2. For an investment in an investment pool to be qualified pursuant to this chapter, the investment pool must not: (a) Acquire securities issued, assumed, guaranteed or insured by the insurer or an affiliate of the insurer; (b) Borrow or incur any indebtedness for borrowed money, except for securities lending and reverse repurchase transactions that meet the requirements of NRS 682A.548 except the quantitative limitations of subsection 4 of that section; or (c) Permit the aggregate value of securities loaned or sold to, purchased from or invested in any one business entity in accordance with this section to exceed 10 percent of the total assets of the investment pool.

3. The limitations of NRS 682A.512 do not apply to an insurer's investment in an investment pool, however an insurer shall not acquire an investment in an investment pool in accordance with this section if, as a result of and after giving effect to the investment, the aggregate amount of investments held by the insurer in accordance with this section: (a) In any one investment pool would exceed 10 percent of its admitted assets; (b) In all investment pools investing in investments permitted in accordance with paragraph (d) of subsection 1 would exceed 25 percent of its admitted assets; or (c) In all investment pools would exceed 40 percent of its admitted assets.

4. For an investment in an investment pool to be qualified pursuant to this chapter, the manager of the investment pool must: (a) Be organized in accordance with the laws of the United States or a state and designated as the pool manager in a pooling agreement; (b) Be the insurer, an affiliated insurer or a business entity affiliated with the insurer, a qualified bank, a business entity registered in accordance with the provisions of the Investment Advisers Act of 1940, 15 U.S.C. §§ 80a-1 et seq., as amended, or, in the case of a United States branch of an alien insurer, its United States manager or affiliates or subsidiaries of its United States manager; (c) Compile and maintain detailed accounting records setting forth: (1) The cash receipts and disbursements reflecting each participant's proportionate investments in the investment pool; (2) A complete description of all underlying assets of the investment pool, including, without limitation, amount, interest rate, maturity date, if any, and other appropriate designations; and (3) Other records which, on a daily basis, allow third parties to verify each participant's investment in the investment pool; and (d) Maintain the assets of the investment pool in one or more accounts, in the name of or on behalf of the investment pool, in accordance with a custody agreement with a qualified bank. The custody agreement must: (1) State and recognize the claims and rights of each participant; (2) Acknowledge that the underlying assets of the investment pool are held solely for the benefit of each participant in proportion to the aggregate amount of its investments in the investment pool; and (3) Contain an agreement that the underlying assets of the investment pool must not be commingled with the general assets of the custodian qualified bank or any other person.

5. The pooling agreement for each investment pool must be in writing and must provide that: (a) An insurer and its affiliated insurers or, in the case of an investment pool investing solely in investments allowed in accordance with paragraph (a) of subsection 1, the insurer and its subsidiaries, affiliates or any pension or profit-sharing plan of the insurer, its subsidiaries and affiliates or, in the case of a United States branch of an alien insurer, affiliates or subsidiaries of its United States manager, shall at all times hold 100 percent of the interests in the investment pool. (b) The underlying assets of the investment pool must not be commingled with the general assets of the pool manager or any other person. (c) In proportion to the aggregate amount of each pool participant's interest in the investment pool: (1) Each participant owns an undivided interest in the underlying assets of the investment pool; and (2) The underlying assets of the investment pool are held solely for the benefit of each participant. (d) A participant, or in the event of the participant's insolvency, bankruptcy or receivership, its trustee, receiver or other successor-in-interest, may withdraw all or any portion of its investment from the investment pool in accordance with the terms of the pooling agreement. (e) Withdrawals may be made on demand without penalty or other assessment on any business day, but settlements of funds shall occur within a reasonable and customary period thereafter not to exceed 5 business days. Distributions in accordance with this paragraph must be calculated in each case net of all applicable fees and expenses of the investment pool. The pooling agreement must provide that the pool manager shall distribute to a participant at the discretion of the pool manager: (1) In cash, the then fair market value of the participant's pro rata share of each underlying asset of the investment pool; (2) In kind, a pro rata share of each underlying asset; or (3) In a combination of cash and in-kind distributions, a pro rata share in each underlying asset. (f) The pool manager shall make the records of the investment pool available for inspection by the Commissioner.
Nev. Rev. Stat. § 689.035 — NV Code / Title 57 / Chapter 689 / Section 689.035
“Agent” defined
Status: in_force

“ Agent ” means an individual authorized by a seller to offer, sell or solicit the purchase of a prepaid contract on behalf of the seller.
Nev. Rev. Stat. § 685A.155 — NV Code / Title 57 / Chapter 685A / Section 685A.155
Broker authorized to charge fee for procuring coverage; maximum amount of fee
Status: in_force

The licensed surplus lines broker who is first engaged by or on behalf of an applicant for insurance may charge a fee for procuring surplus lines coverage. Except as otherwise provided by agreement between the insurer and that broker, the sum of the fee and any other commissions, fees and charges payable to that broker must not exceed 20 percent of the premium paid by the insured.
Nev. Rev. Stat. § 686C.330 — NV Code / Title 57 / Chapter 686C / Section 686C.330
Impaired or insolvent insurers: Liability for unpaid assessments of insureds; maintenance and disclosure of records of Association; status of Association as creditor; distribution of ownership by court
Status: in_force

1. This chapter does not reduce the liability for unpaid assessments of the insureds of an impaired insurer operating under a plan with liability for assessments.

2. Records must be kept of all meetings of the Board of Directors to discuss the activities of the Association in carrying out its powers and duties under NRS 686C.150 to 686C.220 , inclusive. The records of the Association with respect to an impaired or insolvent insurer may not be disclosed before the termination of a proceeding for liquidation, rehabilitation or conservation involving the impaired or insolvent insurer or the termination of the impairment or insolvency of the insurer, except upon the order of a court of competent jurisdiction. This subsection does not limit the duty of the Association to render a report of its activities under NRS 686C.350 .

3. For the purpose of carrying out its obligations under this chapter, the Association shall be deemed to be a creditor of the impaired or insolvent insurer to the extent of assets attributable to covered policies reduced by any amounts to which the Association is entitled as subrogee pursuant to NRS 686C.200 . Assets of the impaired or insolvent insurer attributable to covered policies or contracts must be used to continue all covered policies and contracts and pay all contractual obligations of the impaired or insolvent insurer as required by this chapter. Assets attributable to covered policies or contracts, as used in this subsection, are that proportion of the assets which the reserves that should have been established for covered policies or contracts bear to the reserves that should have been established for all policies or contracts written by the impaired or insolvent insurer.

4. As a creditor of the impaired or insolvent insurer under subsection 3 and consistent with NRS 696B.415 , the Association and other similar associations are entitled to receive a disbursement out of the marshaled assets, from time to time as the assets become available to reimburse it, as a credit against contractual obligations under this chapter. If the liquidator has not, within 120 days after a final determination of insolvency of a member insurer by the court in the insolvent or impaired insurer's state which has jurisdiction over the conservation, rehabilitation or liquidation of the member insurer, made an application to the court for the approval of a proposal to disburse assets out of marshaled assets to guaranty associations having obligations because of the insolvency, the Association is entitled to make application to the court for approval of its own proposal to disburse those assets.

5. Before the termination of any proceeding for liquidation, rehabilitation or conservation, the court may take into consideration the contributions of the respective parties, including the Association, the shareholders, policy or contract owners, certificate holders and enrollees of the impaired or insolvent insurer, and any other party with a bona fide interest, in making an equitable distribution of the ownership of the impaired or insolvent insurer. In making such a determination, consideration must be given to the welfare of the policy or contract owners, certificate holders and enrollees of the continuing or successor insurer. No distribution to stockholders, if any, of an impaired or insolvent insurer may be made until the total amount of valid claims of the Association, with interest thereon, for money expended in exercising its powers and performing its duties under NRS 686C.150 to 686C.155 , inclusive, with respect to that insurer have been fully recovered by the Association.
Nev. Rev. Stat. § 679B.530 — NV Code / Title 57 / Chapter 679B / Section 679B.530
“Insured” defined
Status: in_force

“Insured” means a person covered by a policy of health insurance issued in this state by an insurer.
Nev. Rev. Stat. § 681A.230 — NV Code / Title 57 / Chapter 681A / Section 681A.230
Ceding insurer to be allowed credit if reinsurance lawfully ceded to qualified assuming insurer; domiciliary liquidator of insolvent ceding insurer to give notice to assuming insurer of any claim against ceding insurer
Status: in_force

1. Credit must be allowed as an asset or as a deduction from liability to any ceding insurer for reinsurance lawfully ceded to an assuming insurer qualified therefor pursuant to NRS 681A.110 and 681A.150 to 681A.190 , inclusive, but no such credit may be allowed unless the contract for reinsurance provides in substance that, in the event of the insolvency of the ceding insurer, the reinsurance is payable pursuant to a contract reinsured by the assuming insurer on the basis of reported claims allowed in any liquidation proceedings, subject to court approval, without diminution because of the insolvency of the ceding insurer. Except as otherwise provided in NRS 686C.223 , those payments must be made directly to the ceding insurer or to its domiciliary liquidator unless: (a) The contract of reinsurance or other written contract specifically designates another payee of the payments in the event of the insolvency of the ceding insurer; or (b) The assuming insurer, with the consent of the persons directly insured, has assumed the obligations from the policies issued by the ceding insurer as direct obligations of the assuming insurer, and in substitution for the obligations of the ceding insurer, to the payees under those policies.

2. The domiciliary liquidator of an insolvent ceding insurer shall give written notice to the assuming insurer of the pendency of any claim against the ceding insurer on any contract reinsured within a reasonable time after such a claim is filed in the liquidation proceeding. During the pendency of the claim, the assuming insurer may investigate the claim and, at its own expense, interpose in the proceeding in which the claim is to be adjudicated any defense that the assuming insurer deems available to the ceding insurer or its liquidator.
Nev. Rev. Stat. § 685A.205 — NV Code / Title 57 / Chapter 685A / Section 685A.205
Regulations: Compliance with federal law relating to nonadmitted insurance
Status: in_force

The Commissioner may adopt regulations as necessary to ensure compliance with federal law relating to nonadmitted insurance, including, without limitation, the Nonadmitted and Reinsurance Reform Act, 15 U.S.C. §§ 8201, et seq.
Nev. Rev. Stat. § 690A.0247 — NV Code / Title 57 / Chapter 690A / Section 690A.0247
“Open-end credit” defined
Status: in_force

“ Open-end credit ” means credit extended by a creditor under an agreement in which:

1. The creditor reasonably contemplates repeated transactions;

2. The creditor periodically imposes a finance charge on any outstanding unpaid balance; and

3. The amount of credit that may be extended to the debtor during the term of the agreement up to any limit set by the creditor is generally made available to the extent that any outstanding balance is repaid.
Nev. Rev. Stat. § 693A.485 — NV Code / Title 57 / Chapter 693A / Section 693A.485
Continuation of corporate existence of converting mutual
Status: in_force

The corporate existence of a converting mutual pursuant to NRS 693A.400 to 693A.540 , inclusive, does not terminate, and the new stock insurer shall be deemed to be a continuation of the converting mutual and to have been organized on the date the converting mutual was originally organized.
Nev. Rev. Stat. § 688C.240 — NV Code / Title 57 / Chapter 688C / Section 688C.240
Retention of records and documents by licensee
Status: in_force

1. A person required to be licensed under this chapter shall retain for 5 years copies of all: (a) Contracts, underwriting documents, forms of policy and applications, from the date of the proposal, offer or execution, whichever is latest; (b) Checks, drafts and other evidence or documentation relating to the payment, transfer or release of money, from the date of the transaction; and (c) Records and documents related to the requirements of this chapter.

2. This section does not relieve a person of the obligation to produce a document described in subsection 1 to the Commissioner after the expiration of the relevant period if the person has retained the document.

3. Records required by this section to be retained must be legible and complete. They may be retained in any form or by any process that accurately reproduces or is a durable medium for the reproduction of the record.
Nev. Rev. Stat. § 692C.420 — NV Code / Title 57 / Chapter 692C / Section 692C.420
Confidentiality of disclosed information; exception; privileges; agreements governing sharing and use of information; effect of sharing or disclosure; applicability to third parties
Status: in_force

1. Except as otherwise provided in NRS 239.0115 , all information, documents and copies thereof obtained by or disclosed to the Commissioner or any other person in the course of an examination or investigation made pursuant to NRS 692C.410 , and all information reported or provided to the Commissioner pursuant to subsections 12 and 13 of NRS 692C.190 , NRS 692C.260 to 692C.350 , inclusive, and 692C.378 , is recognized by this State as being proprietary and to contain trade secrets, is confidential, is not subject to subpoena, is not subject to discovery, is not admissible in evidence in any private civil action and must not be made public by the Commissioner or any other person, except to insurance departments of other states, without the prior written consent of the insurer to which it pertains unless the Commissioner, after giving the insurer and its affiliates who would be affected thereby notice and an opportunity to be heard, determines that the interests of policyholders, shareholders or the public will be served by the publication thereof, in which event he or she may publish all or any part thereof in any manner as he or she may deem appropriate. For the purposes of the information reported and provided to the Commissioner pursuant to subsections 3 to 6, inclusive, of NRS 692C.290 , the Commissioner shall maintain the confidentiality of the group capital calculation and group capital ratio produced within the calculation and any group capital information received from an insurance holding company supervised by the Federal Reserve Board or any United States group-wide supervisor. For the purposes of the information reported and provided to the Commissioner pursuant to subsections 7 to 10, inclusive, of NRS 692C.290 , the Commissioner shall maintain the confidentiality of the liquidity stress test results and supporting disclosures and any liquidity stress test information received from an insurance holding company supervised by the Federal Reserve Board and non-United States group-wide supervisors.

2. The Commissioner or any person who receives any documents, materials or other information while acting under the authority of the Commissioner must not be permitted or required to testify in a private civil action concerning any information, document or copy thereof specified in subsection 1.

3. The Commissioner may share or receive any information, document or copy thereof specified in subsection 1, including, without limitation, proprietary and trade secret documents and materials, in accordance with NRS 679B.122 . The sharing or receipt of the information, document or copy pursuant to this subsection does not waive any applicable privilege or claim of confidentiality in the information, document or copy.

4. The Commissioner shall enter into a written agreement with the NAIC and any third party consultant designated by the Commissioner governing the sharing and use of information specified in subsection 1. The agreement must contain provisions which: (a) Specify procedures and protocols regarding the confidentiality and security of information shared with the NAIC or a third party consultant designated by the Commissioner, including procedures and protocols for sharing by the NAIC with other state, federal and international regulators. With regard to the requirements of this paragraph, the agreement must provide that the recipient agrees in writing to maintain the confidentiality and privileged status of the documents, materials or other information and has verified in writing the legal authority to maintain such confidentiality. (b) Specify that ownership of the information shared with the NAIC or a third party consultant designated by the Commissioner remains with the Commissioner and the NAIC's, or the third party consultant's, use of the information is subject to the discretion of the Commissioner. (c) Except as otherwise provided in this paragraph, prohibit the NAIC or third party consultant designated by the Commissioner from storing the information shared pursuant to NRS 692C.290 in a permanent database after the underlying analysis is completed. The provisions of this paragraph do not apply to documents, material or information reported pursuant to subsections 7 to 10, inclusive, of NRS 692C.290 . (d) Require prompt notice to be given to an insurer whose confidential information in the possession of the NAIC or a third party consultant designated by the Commissioner is subject to a request or subpoena to the NAIC or the third party consultant for disclosure or production. (e) Require the NAIC or a third party consultant designated by the Commissioner to consent to intervention by an insurer in any judicial or administrative action in which the NAIC or the third party consultant may be required to disclose confidential information about the insurer shared with the NAIC or the third party consultant.

5. The sharing of information by the Commissioner does not constitute a delegation of regulatory authority or rulemaking, and the Commissioner is solely responsible for the administration, execution and enforcement of the provisions of this section.

6. No waiver of any applicable privilege or claim of confidentiality in the documents, materials or information shall occur as a result of disclosure to the Commissioner in accordance with this section or as a result of sharing as authorized in this section.

7. Documents, materials and other information in the possession or control of the NAIC or a third party consultant designated by the Commissioner in accordance with this section are: (a) Confidential by law and privileged; (b) Not subject to the provisions of chapter 239 of NRS ; (c) Not subject to subpoena; and (d) Not subject to discovery or admissible in evidence in any private civil action.
Nev. Rev. Stat. § 686B.270 — NV Code / Title 57 / Chapter 686B / Section 686B.270
Conversion into domestic stock insurer: Applicability of certain provisions governing nonprofit cooperative corporations
Status: in_force

The provisions of NRS 81.130 and 81.510 do not apply to the conversion of an essential insurance association to a domestic stock insurer as provided in NRS 686B.280 to 686B.320 , inclusive.
Nev. Rev. Stat. § 682A.468 — NV Code / Title 57 / Chapter 682A / Section 682A.468
Prohibitions applied to exempted investments
Status: in_force

An investment prohibited by NRS 682A.380 , not allowed by NRS 682A.450 to 682A.458 , inclusive, or additional derivative instruments acquired under NRS 682A.450 to 682A.458 , inclusive, must not be acquired pursuant to NRS 682A.462 to 682A.468 , inclusive.
Nev. Rev. Stat. § 695J.050 — NV Code / Title 57 / Chapter 695J / Section 695J.050
“Exchange enrollment facilitator” defined
Status: in_force

“ Exchange enrollment facilitator ” means a person certified pursuant to this chapter who is engaged in the business of facilitating enrollment in qualified health plans offered by the Exchange.
Nev. Rev. Stat. § 690D.050 — NV Code / Title 57 / Chapter 690D / Section 690D.050
“Free-look period” defined
Status: in_force

“ Free-look period ” means a period beginning on or after the effective date of a guaranteed asset protection waiver in which the borrower may cancel the guaranteed asset protection waiver with no penalty, fee or other cost.
Nev. Rev. Stat. § 688A.020 — NV Code / Title 57 / Chapter 688A / Section 688A.020
“Annuity” defined
Status: in_force

1. For the purposes of this Code, an “ annuity ” is a contract under which obligations are assumed to make periodic payments for a specific term or terms or where the making or continuance of all or some such payments, or the amount of any such payment, is dependent upon continuance of human life, except payments made pursuant to optional modes of settlement under the authority of NRS 681A.040 .

2. The term includes an annuity contract which incorporates long-term care insurance if the annuity contract may incorporate the long-term care insurance pursuant to NRS 688A.440 .
Nev. Rev. Stat. § 695A.001 — NV Code / Title 57 / Chapter 695A / Section 695A.001
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695A.003 to 695A.044 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 683A.072 — NV Code / Title 57 / Chapter 683A / Section 683A.072
“Sell” defined
Status: in_force

“ Sell ” means to exchange a contract of insurance, by any means, for money or its equivalent on behalf of an insurer.
Nev. Rev. Stat. § 685B.190 — NV Code / Title 57 / Chapter 685B / Section 685B.190
Administrative fine for violation of order
Status: in_force

If a person violates an order issued pursuant to NRS 685B.170 , the Commissioner may impose an administrative fine after giving notice and a hearing. Such a fine may not be more than $5,000 for each violation.
Nev. Rev. Stat. § 682A.462 — NV Code / Title 57 / Chapter 682A / Section 682A.462
Limited exemption from quantitative limits on certain investments
Status: in_force

Solely for the purpose of acquiring investments that exceed the quantitative limitations of NRS 682A.402 to 682A.448 , inclusive, an insurer may acquire in accordance with this section an investment, or engage in investment practices described in NRS 682A.438 , but an insurer shall not acquire an investment or engage in investment practices described in NRS 682A.438 in accordance with this section if, as a result of and after giving effect to the transaction:

1. The aggregate amount of investments held by the insurer would exceed 3 percent of its admitted assets; or

2. The aggregate amount of investments as to one limitation in NRS 682A.402 to 682A.448 , inclusive, held by the insurer would exceed 1 percent of its admitted assets.
Nev. Rev. Stat. § 686C.055 — NV Code / Title 57 / Chapter 686C / Section 686C.055
“Authorized assessment” defined
Status: in_force

“ Authorized assessment ” or “ authorized ” as used in the context of assessments means or describes an assessment authorized by a resolution of the Board of Directors of the Association to be imposed immediately or later on member insurers in a specified amount.
Nev. Rev. Stat. § 684B.120 — NV Code / Title 57 / Chapter 684B / Section 684B.120
Suspension, revocation or limitation of or refusal to continue license: Applicable provisions
Status: in_force

NRS 683A.451 and 683A.461 also apply to suspension, revocation, limitation or refusal to continue motor vehicle physical damage appraiser's licenses, except where in conflict with the express provisions of this chapter.
Nev. Rev. Stat. § 681B.510 — NV Code / Title 57 / Chapter 681B / Section 681B.510
Commissioner authorized to designate agent to assist in compilation of required data; applicability
Status: in_force

1. The Commissioner may designate a person to act as the experience reporting agent of the Commissioner and to assist the Commissioner in compiling relevant mortality, morbidity, policyholder behavior or expense experience and other data pursuant to NRS 681B.500 and as prescribed in the Valuation Manual .

2. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 689C.940 — NV Code / Title 57 / Chapter 689C / Section 689C.940
Regulations concerning determination of status of stop-loss policy
Status: in_force

The Commissioner may, by regulation, prescribe standards for determining whether a policy issued as a stop-loss policy is a health benefit plan for the purposes of this chapter.
Nev. Rev. Stat. § 689B.540 — NV Code / Title 57 / Chapter 689B / Section 689B.540
Manner and period for enrollment of dependent of covered employee; period of special enrollment
Status: in_force

1. A carrier that offers group health insurance which makes coverage available to the dependent of an employee covered by the group health plan shall permit the employee to enroll a dependent after the close of a period of open enrollment if: (a) The employee is a participant in the group health plan, or has met any waiting period applicable to becoming a participant and is eligible to be enrolled under the plan, except for a failure to enroll during a previous period of open enrollment; and (b) The person to be enrolled became a dependent of the employee through marriage, birth, adoption or placement for adoption.

2. The group health plan or carrier shall provide a period of special enrollment for the enrollment of a dependent of an employee pursuant to this section. Such a period must be not less than 30 days and must begin on: (a) The date specified by the group health plan or carrier for the period of special enrollment; or (b) The date of the marriage, birth, adoption or placement for adoption, as appropriate.

3. If an employee seeks to enroll a dependent during the first 30 days of the period for special enrollment provided pursuant to subsection 2, the coverage of the dependent becomes effective: (a) In the case of a marriage, not later than the first day of the first month beginning after the date on which the completed request for enrollment is received; (b) In the case of a birth, on the date of the birth; and (c) In the case of an adoption or placement for adoption, on the date of the adoption or the placement for adoption.

4. In the case of a birth, an adoption or a placement for adoption of a child of an employee, the spouse of the employee may be enrolled as a dependent pursuant to this section if the spouse is otherwise eligible for coverage under the group health plan.
Nev. Rev. Stat. § 691E.190 — NV Code / Title 57 / Chapter 691E / Section 691E.190
Applicability of chapter
Status: in_force

1. The provisions of this chapter apply to: (a) Travel insurance that covers any resident of this State and is sold, solicited, negotiated or offered in this State; and (b) Policies and certificates of travel insurance that are delivered or issued for delivery in this State.

2. A cancellation fee waiver or travel assistance services do not constitute insurance and, except as otherwise expressly provided in this chapter, the provisions of this chapter do not apply to a cancellation fee waiver or travel assistance services.
Nev. Rev. Stat. § 683A.175 — NV Code / Title 57 / Chapter 683A / Section 683A.175
“Pharmacy benefits plan” defined
Status: in_force

“ Pharmacy benefits plan ” means coverage of prescription drugs provided by a third party.
Nev. Rev. Stat. § 695G.1635 — NV Code / Title 57 / Chapter 695G / Section 695G.1635
Plan covering prescription drugs: Required actions by managed care organization related to acquisition of prescription drugs for certain insureds residing in area for which emergency or disaster has been declared
Status: in_force

1. If the Governor or the Legislature proclaims the existence of a state of emergency or issues a declaration of disaster pursuant to NRS 414.070 , a managed care organization who has issued a health care plan which provides coverage for prescription drugs shall, notwithstanding any provision of the health care plan to the contrary: (a) Waive any provision of the health care plan restricting the time within which an insured may refill a covered prescription if the insured: (1) Has not exceeded the number of refills authorized by the prescribing practitioner; (2) Resides in the area for which the emergency or disaster has been declared; and (3) Requests the refill not later than the end of the state of emergency or disaster or 30 days after the issuance of the proclamation or declaration, whichever is later; and (b) Authorize payment for, and may apply a copayment, coinsurance or deductible to, a supply of a covered prescription drug for up to 30 days for an insured who requests a refill pursuant to paragraph (a).

2. The Commissioner may extend the time periods prescribed by subsection 1 in increments of 15 or 30 days as he or she determines to be necessary.

3. As used in this section, “practitioner” has the meaning ascribed to it in NRS 639.0125 .
Nev. Rev. Stat. § 688C.285 — NV Code / Title 57 / Chapter 688C / Section 688C.285
Insurer prohibited in certain circumstances from requiring viator, insured or provider or broker of viatical settlements from signing form or disclosure not approved by Commissioner for use in connection with viatical settlements
Status: in_force

An insurer shall not, as a condition of responding to a request for verification of coverage or of effecting the transfer of a policy pursuant to a viatical settlement, require that the viator, insured, provider or broker of viatical settlements sign a form or disclosure that has not been expressly approved by the Commissioner for use in connection with a viatical settlement in this State.
Nev. Rev. Stat. § 680A.600 — NV Code / Title 57 / Chapter 680A / Section 680A.600
Insurer authorized to satisfy requirement to mail or deliver a standard policy of property or casualty insurance or standard endorsement of such policy which does not contain personally identifiable information by posting on Internet website in certain circumstances
Status: in_force

If a standard policy of property or casualty insurance or a standard endorsement of such a policy does not contain personally identifiable information, the insurer offering such a policy or endorsement may satisfy a requirement to mail or deliver the policy or endorsement by posting the policy or endorsement on the Internet website of the insurer if:

1. The policy or endorsement is accessible to the insured and to any producer of insurance who transacted insurance involving the policy or endorsement with the insured for as long as the policy or endorsement is in force;

2. The insurer retains an archive of expired policies and endorsements for not less than 5 years after the expiration of each policy or endorsement and makes expired policies and endorsements available upon request;

3. The policy or endorsement is posted in a manner that enables the insured and any producer of insurance who transacted insurance involving the policy or endorsement with the insured to print and save the policy or endorsement using any program or other application which is widely available on the Internet and free to use;

4. The insurer provides, in or with the declarations page provided at the time of issuance of the initial policy and each renewal of the policy: (a) A description of the exact form of policy or endorsement purchased by the insured; (b) A description of the right of the insured to receive, upon request and without charge, a paper copy of the policy or endorsement by mail; and (c) The address of the Internet website where the policy or endorsement is posted;

5. Upon request of the insured and without charge, the insurer mails a paper copy of the policy or endorsement to the insured;

6. The insurer provides notice in the manner preferred by the insured of any change to the policy or endorsement which includes a description of the right of the insured to obtain, upon request and without charge, a paper copy of the revised policy or endorsement and the address of the Internet website where the revised policy or endorsement is posted; and

7. The insurer complies with all applicable provisions of chapter 719 of NRS .
Nev. Rev. Stat. § 685B.010 — NV Code / Title 57 / Chapter 685B / Section 685B.010
Purpose of chapter
Status: in_force

The purpose of this chapter is to subject certain persons and insurers to the jurisdiction of the Commissioner and the courts of this state in suits by or on behalf of the state. The Legislature declares that it is concerned with the protection of residents of this state against acts by insurers not authorized to do an insurance business in this state, by the maintenance of fair and honest insurance markets, by protecting authorized insurers which are subject to regulation from unfair competition by unauthorized insurers, and by protecting against the evasion of the insurance regulatory laws of this state. In furtherance of such state interest, the Legislature provides methods in this chapter for substituted service of process upon such insurers in any proceeding, suit or action in any court and substituted service of any notice, order, pleading or process upon such insurers in any proceeding by the Commissioner to enforce or effect full compliance with the insurance laws of this state. In so doing, the State exercises its powers to protect residents of this state and to define what constitutes transacting an insurance business in this state, and also exercises powers and privileges available to this state by virtue of Public Law 79-15 , (1945), 79th Congress of the United States, Chapter 20, 1st Sess., S. 340, 59 Stat. 33; 15 U.S.C. §§ 1011 to 1015 , inclusive, as amended, which declares that the business of insurance and every person engaged therein shall be subject to the laws of the several states.
Nev. Rev. Stat. § 696B.540 — NV Code / Title 57 / Chapter 696B / Section 696B.540
Summary proceedings: Seizure under Commissioner's order
Status: in_force

1. If it appears to the Commissioner that the interests of policyholders, creditors or the public will be jeopardized by delay incident to requesting a court seizure order, then on any ground which would justify a court seizure order under NRS 696B.530 , and without notice and without applying to the court, the Commissioner may issue a seizure order which must contain a statement verified by the Commissioner of the grounds of the Commissioner’s action. As directed by the seizure order, the Commissioner's representatives shall forthwith take possession and control of all or part of the property, books, accounts and records of the insurer, and of the premises occupied by the insurer for transaction of its business. The Commissioner shall retain possession and control until the order is vacated or is replaced by an order of court pursuant to subsection 2, or pursuant to a formal proceeding under this chapter.

2. At any time after seizure under subsection 1, the insurer may apply to the district court for Carson City. The court shall thereupon order the Commissioner to appear forthwith and shall thereafter proceed as if the order were a court seizure order issued under NRS 696B.530 .

3. Every peace officer of this state shall assist the Commissioner in making and enforcing any such seizure, and every sheriff and police department shall furnish the Commissioner with such deputies, patrol officers or other officers as are necessary for the purpose.

4. Entry of a seizure order under this section does not constitute an anticipatory breach of any contract of the insurer.
Nev. Rev. Stat. § 695B.1925 — NV Code / Title 57 / Chapter 695B / Section 695B.1925
Required provision concerning coverage for certain tests and vaccines relating to human papillomavirus; prohibited acts
Status: in_force

1. An insurer that offers or issues a contract for hospital or medical service must provide coverage for benefits payable for expenses incurred for: (a) Deoxyribonucleic acid testing for high-risk strains of human papillomavirus every 3 years for women 30 years of age and older; and (b) Administering the human papillomavirus vaccine at such ages as recommended for vaccination by a competent authority, including, without limitation, the Centers for Disease Control and Prevention of the United States Department of Health and Human Services, the Food and Drug Administration or the manufacturer of the vaccine.

2. An insurer must ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the insurer.

3. Except as otherwise required by subsection 5, an insurer that offers or issues a contract for hospital or medical service shall not: (a) Require an insured to pay a higher deductible, any copayment or coinsurance or require a longer waiting period or other condition to obtain any benefit provided in the contract for hospital or medical service pursuant to subsection 1; (b) Refuse to issue a contract for hospital or medical service or cancel a contract for hospital or medical service solely because the person applying for or covered by the contract uses or may use any such benefit; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from obtaining any such benefit; (d) Penalize a provider of health care who provides any such benefit to an insured, including, without limitation, reducing the reimbursement of the provider of health care; (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay access to any such benefit to an insured; or (f) Impose any other restrictions or delays on the access of an insured to any such benefit.

4. A contract for hospital or medical service subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after January 1, 2018, has the legal effect of including the coverage required by subsection 1, and any provision of the contract or the renewal which is in conflict with this section is void.

5. Except as otherwise provided in this section and federal law, an insurer may use medical management techniques, including, without limitation, any available clinical evidence, to determine the frequency of or treatment relating to any benefit required by this section or the type of provider of health care to use for such treatment.

6. As used in this section: (a) “ Human papillomavirus vaccine ” means the Quadrivalent Human Papillomavirus Recombinant Vaccine or its successor which is approved by the Food and Drug Administration for the prevention of human papillomavirus infection and cervical cancer. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Network plan ” means a contract for hospital or medical service offered by an insurer under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums. (d) “Provider of health care” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 689A.485 — NV Code / Title 57 / Chapter 689A / Section 689A.485
“Bona fide association” defined
Status: in_force

“ Bona fide association ” means, with respect to health insurance coverage offered in this state, an association that:

1. Has been actively in existence for at least 5 years;

2. Has been formed and maintained in good faith for purposes other than obtaining insurance;

3. Does not condition membership in the association on any health status-related factor relating to an individual, including an employee of an employer or a dependent of an employee;

4. Makes health insurance coverage offered through the association available to all of its members regardless of any health status-related factors of the members or other individuals who are eligible for such health insurance coverage through a member of the association;

5. Does not make health insurance coverage offered through the association available other than in connection with a member of the association; and

6. Meets such additional requirements as may be imposed by specific statute.
Nev. Rev. Stat. § 683A.185 — NV Code / Title 57 / Chapter 683A / Section 683A.185
Examination or education not required to receive or renew license
Status: in_force

An applicant for, or holder of, a license issued pursuant to NRS 683A.1845 is not required to pass a written examination or meet any prelicensing education or continuing education requirements to receive or renew the license.
Nev. Rev. Stat. § 680A.070 — NV Code / Title 57 / Chapter 680A / Section 680A.070
Certificate of authority: Exceptions to requirement
Status: in_force

A certificate of authority is not required of an insurer with respect to any of the following:

1. Investigation, settlement or litigation of claims under its policies lawfully written in this State, or liquidation of assets and liabilities of the insurer, other than collection of new premiums, all as resulting from its former authorized operations in this State.

2. Except as otherwise provided in subsection 2 of NRS 680A.060 , transactions thereunder after issuance of a policy covering only subjects of insurance that are not resident, located or expressly to be performed in this State at the time of issuance, and lawfully solicited, written and delivered outside this State.

3. Prosecution or defense of suits at law, except that no insurer unlawfully transacting insurance in this State without a certificate of authority may institute or maintain, other than defend, any action at law or in equity in any court of this State, either directly or through an assignee or successor in interest, to enforce any right, claim or demand arising out of such an insurance transaction until the insurer, assignee or successor has obtained a certificate of authority. This provision does not apply to any suit or action by the receiver, rehabilitator or liquidator of such an insurer, assignee or successor under laws similar to those contained in chapter 696B of NRS .

4. Transactions pursuant to surplus lines coverages lawfully written under chapter 685A of NRS .

5. A suit, action or proceeding for the enforcement or defense of its rights relative to its investments in this State.

6. Reinsurance, except as to a domestic reinsurer or the reinsurance of a domestic insurer, unless the reinsurance is authorized pursuant to subsection 1 of NRS 681A.110 .

7. Transactions in this State involving group life insurance, group health or blanket health insurance, or group annuities where the master policy or contract of such groups was lawfully solicited, issued and delivered pursuant to the laws of a state in which the insurer was authorized to transact insurance, to a group organized for purposes other than the procurement of insurance or to a group approved pursuant to NRS 688B.030 or 689B.026 , and where the policyholder is domiciled or otherwise has a bona fide situs.

8. The issuance of annuities by an affiliate of an authorized insurer if the affiliate: (a) Is approved by the Commissioner; (b) Is organized as a nonprofit educational corporation; (c) Issues annuities only to nonprofit institutions of education and research; and (d) Reports and pays any premium tax on the annuities required pursuant to chapter 680B of NRS .

9. Transactions, other than for workers' compensation insurance or for industrial insurance provided pursuant to chapters 616A to 617, inclusive, of NRS, involving the procurement of excess liability insurance above underlying liability coverage or self-insured retention of at least $25,000,000, if procured from an unauthorized alien or foreign insurer who does not solicit, negotiate or enter into such transactions in this State by any means, and if procured by a person: (a) Whose total annual premiums for property and casualty insurance, not including workers' compensation or industrial insurance, is $1,000,000 or more; and (b) Who employs 250 or more full-time employees.

A person who procures insurance in accordance with this subsection shall report and pay any premium tax on the insurance required pursuant to NRS 680B.040 .
Nev. Rev. Stat. § 691C.290 — NV Code / Title 57 / Chapter 691C / Section 691C.290
Offer to extend coverage for open-end credit transaction
Status: in_force

An offer to extend coverage for an open-end credit transaction must include, at the time of the invitation to contract, a written disclosure or, if the solicitation is made by telephone and the written disclosure is mailed to the debtor not later than 10 days after enrollment, an oral summary of the written disclosure. The written disclosure must be in not smaller than 12-point type and be in substantially the following form:

This coverage may duplicate existing coverage if you have a residential property insurance policy. It applies to any item of covered property on which you owe a debt. This coverage is primary, so it is the first source to be used in the event of a loss on property it covers. You may cancel this coverage at any time by calling the insurer during business hours at the telephone number provided to you or by writing to the insurer. We are charging you a premium that may be based on subjects for which a claim cannot be made, such as services, meals or other consumables, entertainment, finance or service fees, loan interest, delivery charges or other insurance premiums.
Nev. Rev. Stat. § 686B.1789 — NV Code / Title 57 / Chapter 686B / Section 686B.1789
Provisions governing hearing
Status: in_force

A hearing required by any of the provisions of NRS 686B.1751 to 686B.1799 , inclusive, is governed by NRS 679B.310 to 679B.370 , inclusive, except that any limits of time imposed by NRS 686B.1751 to 686B.1799 , inclusive, control.
Nev. Rev. Stat. § 680A.058 — NV Code / Title 57 / Chapter 680A / Section 680A.058
Applicability of chapter to self-funded multiple employer welfare arrangements
Status: in_force

To the extent applicable and not inconsistent with federal law:

1. The provisions of this chapter that govern domestic insurers, their business, capital and surplus requirements and the requirements for eligibility for a certificate of authority govern self-funded multiple employer welfare arrangements; and

2. A self-funded multiple employer welfare arrangement must comply with the criteria set forth in this chapter to qualify for a certificate of authority.
Nev. Rev. Stat. § 687B.820 — NV Code / Title 57 / Chapter 687B / Section 687B.820
Procedures for resolution of disputes
Status: in_force

A health carrier which offers or issues a network plan shall establish procedures for the resolution of administrative, payment or other disputes between a participating provider of health care in the network and the health carrier.
Nev. Rev. Stat. § 695G.166 — NV Code / Title 57 / Chapter 695G / Section 695G.166
Plan covering prescription drugs prohibited from limiting or excluding coverage for prescription drug previously approved for medical condition of insured; exceptions
Status: in_force

1. Except as otherwise provided in this section, a health care plan which provides coverage for prescription drugs must not limit or exclude coverage for a drug if the drug: (a) Had previously been approved for coverage by the managed care organization for a medical condition of an insured and the insured's provider of health care determines, after conducting a reasonable investigation, that none of the drugs which are otherwise currently approved for coverage are medically appropriate for the insured; and (b) Is appropriately prescribed and considered safe and effective for treating the medical condition of the insured.

2. The provisions of subsection 1 do not: (a) Apply to coverage for any drug that is prescribed for a use that is different from the use for which that drug has been approved for marketing by the Food and Drug Administration; (b) Prohibit: (1) The organization from charging a deductible, copayment or coinsurance for the provision of benefits for prescription drugs to the insured or from establishing, by contract, limitations on the maximum coverage for prescription drugs; (2) A provider of health care from prescribing another drug covered by the plan that is medically appropriate for the insured; or (3) The substitution of another drug pursuant to NRS 639.23286 or 639.2583 to 639.2597 , inclusive; or (c) Require any coverage for a drug after the term of the plan.

3. Any provision of a health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2001, which is in conflict with this section is void.
Nev. Rev. Stat. § 687A.107 — NV Code / Title 57 / Chapter 687A / Section 687A.107
Hearing to determine whether insurer is insolvent: Notice; conduct; determination; regulations
Status: in_force

1. The Commissioner may conduct a hearing to determine whether an insurer is an insolvent insurer within the meaning of subsection 2 of NRS 687A.035 . The Commissioner shall notify the insurer which is the subject of the hearing not less than 3 days before the hearing. The Commissioner may consider any evidence at the hearing which the Commissioner deems relevant to the determination of the solvency of the insurer.

2. The Commissioner shall make a determination in writing within 15 days after the hearing. The Commissioner shall adopt regulations governing hearings pursuant to this section.
Nev. Rev. Stat. § 689C.1681 — NV Code / Title 57 / Chapter 689C / Section 689C.1681
Plan covering prescription drug for treatment of medical condition that is part of step therapy protocol: Use of certain guidelines required; establishment of process to request exemption from step therapy protocol required; granting of request; applicability of provisions
Status: in_force

1. When developing a step therapy protocol, a carrier shall use guidelines based on medical or scientific evidence, if such guidelines are available.

2. A carrier that offers or issues a health benefit plan which includes coverage for a prescription drug for the treatment of any medical condition that is part of a step therapy protocol shall: (a) Establish a clear, convenient and readily accessible process by which an insured and his or her attending practitioner may: (1) Request an exemption for the insured from the step therapy protocol; and (2) Appeal a decision made by the carrier concerning a request for an exemption from the step therapy protocol pursuant to subparagraph (1); (b) Make the process described in paragraph (a) accessible through an Internet website maintained by the carrier; and (c) Except as otherwise provided in this paragraph, respond to a request made or an appeal submitted pursuant to paragraph (a) not later than 2 business days after the request is made or the appeal is submitted, as applicable. If the attending practitioner indicates that exigent circumstances exist, the carrier shall respond to the request or appeal within 24 hours after the request is made or the appeal is submitted, as applicable.

3. A carrier shall grant a request to exempt an insured from a step therapy protocol made in accordance with the process established pursuant to subsection 2 if the attending practitioner for the insured submits to the carrier a statement which provides an adequate justification for the exemption and any documentation necessary to support the statement. The carrier shall determine whether such justification exists if the statement and documentation demonstrate that: (a) Each prescription drug that is required to be used earlier in the step therapy protocol: (1) Is contraindicated or will likely cause an adverse reaction or physical or mental harm to the insured; (2) Is expected to be ineffective based on the known clinical characteristics of the insured and the known characteristics of the required prescription drug; (3) Has been tried by the insured, regardless of whether the insured was covered by the current health benefit plan at the time, and was discontinued due to lack of efficacy or effectiveness, diminished effect or an adverse event relating to the prescription drug; or (4) Is not in the best interest of the insured, based on medical necessity; or (b) The insured is stable on a prescription drug selected by his or her attending practitioner for the medical condition under consideration, regardless of whether the insured was covered by his or her current health benefit plan at the time the attending practitioner selected the drug.

4. If a carrier does not respond to a request for an exemption from a step therapy protocol or an appeal concerning a decision relating to such a request within the time frame prescribed by paragraph (c) of subsection 2, the request shall be deemed to have been granted.

5. If a request for an exemption from a step therapy protocol is granted pursuant to subsection 3 or deemed granted pursuant to subsection 4, the carrier shall immediately authorize coverage for and dispensing of the drug chosen by the attending practitioner for the insured.

6. A health benefit plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by this section, and any provisions of the policy that conflict with the provisions of this section is void.

7. The provisions of this section do not apply to any prescription drug to which the provisions of NRS 689C.1684 apply.

8. As used in this section: (a) “ Attending practitioner ” means the practitioner, as defined in NRS 639.0125 , who has primary responsibility for the treatment of the medical condition of an insured for which a prescription drug is prescribed. (b) “ Medical or scientific evidence ” has the meaning ascribed to it in NRS 695G.053 .
Nev. Rev. Stat. § 686C.225 — NV Code / Title 57 / Chapter 686C / Section 686C.225
Termination of obligations: Replacement of coverage under policy or contract
Status: in_force

The Association's obligations with respect to coverage under any policy or contract of the impaired or insolvent insurer or under any reissued or alternative policy or contract ceases on the date the policy or contract is replaced by another similar policy or contract by the policy or contract owner, certificate holder or enrollee or the Association.
Nev. Rev. Stat. § 695G.020 — NV Code / Title 57 / Chapter 695G / Section 695G.020
“Health care plan” defined
Status: in_force

“ Health care plan ” means a policy, contract, certificate or agreement offered or issued by a managed care organization to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.
Nev. Rev. Stat. § 694B.190 — NV Code / Title 57 / Chapter 694B / Section 694B.190
Subscribers' liability on judgment
Status: in_force

1. No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for 30 days.

2. Any such judgment shall be binding upon each subscriber only in such proportion as the interests of the subscriber may appear and in an amount not exceeding the contingent liability of the subscriber, if any.
Nev. Rev. Stat. § 690C.080 — NV Code / Title 57 / Chapter 690C / Section 690C.080
“Service contract” defined
Status: in_force

1. “ Service contract ” means a contract pursuant to which a provider, in exchange for separately stated consideration, is obligated for a specified period to a holder to repair, replace or perform maintenance on, or indemnify or reimburse the holder for the costs of repairing, replacing or performing maintenance on, goods that are described in the service contract and which have an operational or structural failure as a result of a defect in materials, workmanship or normal wear and tear, including, without limitation: (a) A contract that includes a provision for incidental payment of indemnity under limited circumstances, including, without limitation, towing, rental and emergency road service; and (b) A contract that provides for the repair, replacement or maintenance of goods for damages that result from power surges or accidental damage from handling.

2. The term does not include a contract pursuant to which a provider, other than the manufacturer, builder, seller or lessor of a manufactured home, in exchange for separately stated consideration, is obligated for a specified period to a holder to repair or replace, or indemnify or reimburse the holder for the costs of repairing or replacing, any component of the physical structure of the manufactured home, including, without limitation, the walls, roof supports, structural floor base or foundation.
Nev. Rev. Stat. § 695B.1973 — NV Code / Title 57 / Chapter 695B / Section 695B.1973
Reimbursement for treatment by licensed marriage and family therapist or licensed clinical professional counselor
Status: in_force

If any contract for hospital or medical service provides coverage for treatment of an illness which is within the authorized scope of practice of a licensed marriage and family therapist or licensed clinical professional counselor, the insured is entitled to reimbursement for treatment by a marriage and family therapist or clinical professional counselor who is licensed pursuant to chapter 641A of NRS .
Nev. Rev. Stat. § 682A.416 — NV Code / Title 57 / Chapter 682A / Section 682A.416
Restriction on mortgage or real estate holdings acquired or held as equity interests
Status: in_force

An insurer shall not acquire in accordance with the provisions of NRS 682A.412 to 682A.418 , inclusive, any investments that the insurer may acquire in accordance with the provisions of NRS 682A.430 to 682A.436 , inclusive.
Nev. Rev. Stat. § 686B.17867 — NV Code / Title 57 / Chapter 686B / Section 686B.17867
Large-deductible agreements: Insurer in hazardous financial condition prohibited from issuing or renewing policy containing large-deductible agreement; exception
Status: in_force

Except when otherwise specifically approved by the Commissioner in writing or by electronic communication, any insurer determined to be in a hazardous financial condition pursuant to NRS 680A.205 , or the equivalent provisions of law in any other state as determined by the Commissioner, is prohibited from issuing or renewing a policy that includes a large-deductible agreement.
Nev. Rev. Stat. § 679B.123 — NV Code / Title 57 / Chapter 679B / Section 679B.123
Issuance of reciprocal licenses for health carriers licensed in certain other states; regulations
Status: in_force

1. The Commissioner may allow reciprocal licenses to be issued to health carriers licensed to do business in Arizona, California, Idaho, Oregon and Utah to enable said health carriers to do business in Nevada without completing a separate application for a certificate of authority in Nevada, other than a petition for recognition of their respective state's license with the grant of a reciprocal Nevada license.

2. The Commissioner may adopt regulations to carry out the provisions of subsection 1, including, without limitation, regulations to establish any fees the Commissioner deems appropriate to carry out the provisions of subsection 1.
Nev. Rev. Stat. § 692C.252 — NV Code / Title 57 / Chapter 692C / Section 692C.252
Applicability
Status: in_force

The provisions of this chapter apply to any acquisition in which a change in control of an insurer who is authorized to do business in this state occurs, except:

1. An acquisition that is subject to approval or disapproval by the Commissioner pursuant to NRS 692C.180 to 692C.250 , inclusive.

2. A purchase of securities solely for investment purposes if the securities are not used for voting or not otherwise used to cause or attempt to cause a substantial lessening of competition in any insurance market in this state, except that, if a purchase of securities creates a presumption of control of the insurer pursuant to subsection 2 of NRS 692C.050 , the purchase is not solely for investment purposes unless the commissioner of insurance of the insurer's state of domicile: (a) Accepts a disclaimer of control or affirmatively finds that control does not exist; and (b) Submits the accepted disclaimer or a statement setting forth the affirmative finding to the Commissioner.

3. An acquisition of a person by another person if: (a) Each of those persons is not directly or through an affiliate primarily engaged in the business of insurance; and (b) At least 30 days before the effective date of the acquisition, a notice is filed with the Commissioner in accordance with NRS 692C.254 , if required.

4. An acquisition by a person of an affiliate of that person.

5. An acquisition that does not immediately cause: (a) The combined market share of the involved insurers to exceed 5 percent of the total market; (b) An increase in any market share; or (c) For any market: (1) The combined market share of the involved insurers to exceed 12 percent of the total market; and (2) The market share to increase by more than 2 percent of the total market. As used in this subsection, “ market ” means direct written premiums in this state for a line of authority set forth in the annual statement required to be filed by insurers authorized to do business in this state.

6. An acquisition for which, solely because of the effect of the acquisition on ocean marine insurance, a notification is required pursuant to this section.

7. An acquisition of an insurer whose domiciliary commissioner of insurance: (a) Determines that: (1) The insurer is in a failing condition; (2) A feasible alternative for improving that condition does not exist; and (3) The public benefit received from improving that condition through the acquisition of the insurer outweighs the public benefit received from increasing competition; and (b) Submits a determination by the domiciliary commissioner of insurance made pursuant to paragraph (a) to the Commissioner.
Nev. Rev. Stat. § 695J.280 — NV Code / Title 57 / Chapter 695J / Section 695J.280
Engaging in business of exchange enrollment facilitator without certificate prohibited; penalty
Status: in_force

1. No person may engage in the business of an exchange enrollment facilitator unless a certificate has been issued to the person by the Commissioner.

2. A person who violates subsection 1 is subject to an administrative fine of not more than $1,000 for each act or violation.
Nev. Rev. Stat. § 680A.240 — NV Code / Title 57 / Chapter 680A / Section 680A.240
Issuance of policies under additional titles: Registration; inclusion of such business in annual statement
Status: in_force

1. A property insurer or multiple line insurer authorized to transact insurance in Nevada shall have the right to issue property insurance policies under its own name and under additional “titles” or under additional “titles” duly registered by the insurer with the Commissioner.

2. A life insurer or multiple line insurer authorized to transact insurance in Nevada shall have the right to issue life or health insurance policies under its own name and under additional “titles” or under additional “titles” duly registered by the insurer with the Commissioner.

3. The Commissioner shall, upon the insurer's request, furnish to the insurer the form required for such registration, and the insurer shall pay the fee for registration as specified in NRS 680B.010 (fee schedule). Registered titles shall be shown on the insurer's certificate of authority and shall remain in effect for so long as the insurer's certificate of authority is in effect, subject to earlier termination of the registration at the insurer's request.

4. All business transacted by the insurer under additional titles shall be included in business and transactions of the insurer to be shown by its annual statement filed with the Commissioner, for all purposes under this Code.
Nev. Rev. Stat. § 686A.730 — NV Code / Title 57 / Chapter 686A / Section 686A.730
Consumer reporting agencies: Prohibitions; exemptions
Status: in_force

1. A consumer reporting agency shall not provide or sell data or lists that include any information that in whole or in part was submitted in conjunction with: (a) An inquiry by or for an insurer about the credit information of an applicant or policyholder; or (b) A request for a credit report or insurance score.

2. The information described in subsection 1 includes, without limitation: (a) The expiration date of a policy or any other information that may identify time periods during which a policy of an applicant or policyholder may expire; and (b) The terms and conditions of the coverage provided by a policy of an applicant or policyholder.

3. The restriction set forth in subsection 1 does not apply to data or lists the consumer reporting agency supplies to the insurer, or an agent or affiliate of the insurer, from whom the information was received.

4. The provisions of this section do not restrict any insurer from being able to obtain a report regarding a motor vehicle or a report of a history of claims.
Nev. Rev. Stat. § 691E.080 — NV Code / Title 57 / Chapter 691E / Section 691E.080
“Home state” defined
Status: in_force

“ Home state ” has the meaning ascribed to it in NRS 683A.041 .
Nev. Rev. Stat. § 697.310 — NV Code / Title 57 / Chapter 697 / Section 697.310
Bail transaction: Prohibited charges
Status: in_force

Except to the extent permitted by paragraphs (c) and (d) of subsection 1 and subsection 2 of NRS 697.300 , a licensee shall not make any charge for the services of the licensee in a bail transaction in addition to the premium or the charge for a bail bond at the rates filed in accordance with the provisions of this Code.
Nev. Rev. Stat. § 689A.0438 — NV Code / Title 57 / Chapter 689A / Section 689A.0438
Coverage for testing, treatment and prevention of sexually transmitted diseases required; coverage for condoms for certain insureds required
Status: in_force

1. An insurer that offers or issues a policy of health insurance shall include in the policy: (a) Coverage of testing for and the treatment and prevention of sexually transmitted diseases, including, without limitation, Chlamydia trachomatis , gonorrhea, syphilis, human immunodeficiency virus and hepatitis B and C, for all insureds, regardless of age. Such coverage must include, without limitation, the coverage required by NRS 689A.0412 and 689A.0437 . (b) Unrestricted coverage of condoms for insureds who are 13 years of age or older.

2. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the policy that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 691E.040 — NV Code / Title 57 / Chapter 691E / Section 691E.040
“Cancellation fee waiver” defined
Status: in_force

“ Cancellation fee waiver ” means a contractual arrangement between a supplier of travel services and a purchaser of such services to waive any provision of the underlying contract for travel services which imposes a nonrefundable cancellation fee, with or without regard to the reason for the cancellation or the form of reimbursement.
Nev. Rev. Stat. § 682A.215 — NV Code / Title 57 / Chapter 682A / Section 682A.215
“Swap” defined
Status: in_force

“ Swap ” means an agreement to exchange or to net payments at one or more times based on the actual or expected price, level, performance or value of one or more underlying interests.
Nev. Rev. Stat. § 689A.0405 — NV Code / Title 57 / Chapter 689A / Section 689A.0405
Coverage for certain screenings and tests for breast cancer required; prohibited acts
Status: in_force

1. A policy of health insurance must provide coverage for benefits payable for expenses incurred for: (a) A mammogram to screen for breast cancer annually for insureds who are 40 years of age or older. (b) An imaging test to screen for breast cancer on an interval and at the age deemed most appropriate, when medically necessary, as recommended by the insured's provider of health care based on personal or family medical history or additional factors that may increase the risk of breast cancer for the insured. (c) A diagnostic imaging test for breast cancer at the age deemed most appropriate, when medically necessary, as recommended by the insured's provider of health care to evaluate an abnormality which is: (1) Seen or suspected from a mammogram described in paragraph (a) or an imaging test described in paragraph (b); or (2) Detected by other means of examination.

2. An insurer must ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the insurer.

3. Except as otherwise provided in subsection 5, an insurer that offers or issues a policy of health insurance shall not: (a) Except as otherwise provided in subsection 6, require an insured to pay a deductible, copayment, coinsurance or any other form of cost-sharing or require a longer waiting period or other condition to obtain any benefit provided in the policy of health insurance pursuant to subsection 1; (b) Refuse to issue a policy of health insurance or cancel a policy of health insurance solely because the person applying for or covered by the policy uses or may use any such benefit; (c) Offer or pay any type of material inducement or financial incentive to an insured to discourage the insured from obtaining any such benefit; (d) Penalize a provider of health care who provides any such benefit to an insured, including, without limitation, reducing the reimbursement of the provider of health care; (e) Offer or pay any type of material inducement, bonus or other financial incentive to a provider of health care to deny, reduce, withhold, limit or delay access to any such benefit to an insured; or (f) Impose any other restrictions or delays on the access of an insured to any such benefit.

4. A policy subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the policy or the renewal which is in conflict with this section is void.

5. Except as otherwise provided in this section and federal law, an insurer may use medical management techniques, including, without limitation, any available clinical evidence, to determine the frequency of or treatment relating to any benefit required by this section or the type of provider of health care to use for such treatment.

6. If the application of paragraph (a) of subsection 3 would result in the ineligibility of a health savings account of an insured pursuant to 26 U.S.C. § 223 , the prohibitions of paragraph (a) of subsection 3 shall apply only for a qualified policy of health insurance with respect to the deductible of such a policy of health insurance after the insured has satisfied the minimum deductible pursuant to 26 U.S.C. § 223 , except with respect to items or services that constitute preventive care pursuant to 26 U.S.C. § 223(c)(2)(C) , in which case the prohibitions of paragraph (a) of subsection 3 shall apply regardless of whether the minimum deductible under 26 U.S.C. § 223 has been satisfied.

7. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services or prescription drug use. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a policy of health insurance offered by an insurer under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums. (c) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 . (d) “ Qualified policy of health insurance ” means a policy of health insurance that has a high deductible and is in compliance with 26 U.S.C. § 223 for the purposes of establishing a health savings account.
Nev. Rev. Stat. § 681A.380 — NV Code / Title 57 / Chapter 681A / Section 681A.380
“Retrocession” defined
Status: in_force

“Retrocession” means a transaction whereby a reinsurer cedes to another reinsurer all or part of the reinsurance it has previously assumed.
Nev. Rev. Stat. § 687B.864 — NV Code / Title 57 / Chapter 687B / Section 687B.864
“Group health plan” defined
Status: in_force

“Group health plan” has the meaning ascribed to it in NRS 689B.390 .
Nev. Rev. Stat. § 687B.750 — NV Code / Title 57 / Chapter 687B / Section 687B.750
Health carrier not to prohibit certain actions by participating provider of health care
Status: in_force

A health carrier which offers or issues a network plan shall not prohibit a participating provider of health care in the network from:

1. Discussing any specific treatment option or all treatment options with a covered person irrespective of the position of the health carrier on the treatment options;

2. Advocating on behalf of a covered person within any utilization review process or any process for grievances or appeals established by the health carrier or a person contracting with the health carrier; or

3. Advocating on behalf of a covered person in accordance with any rights or remedies available under applicable state or federal law.
Nev. Rev. Stat. § 689A.0428 — NV Code / Title 57 / Chapter 689A / Section 689A.0428
Coverage for management and treatment of sickle cell disease and its variants required; coverage for medically necessary prescription drugs to treat sickle cell disease and its variants required by plan covering prescription drugs
Status: in_force

1. An insurer that issues a policy of health insurance shall include in the policy coverage for: (a) Necessary case management services for an insured diagnosed with sickle cell disease and its variants; and (b) Medically necessary care for an insured who has been diagnosed with sickle cell disease and its variants.

2. An insurer that issues a policy of health insurance which provides coverage for prescription drugs shall include in the policy coverage for medically necessary prescription drugs to treat sickle cell disease and its variants.

3. An insurer may use medical management techniques, including, without limitation, any available clinical evidence, to determine the frequency of or treatment relating to any benefit required by this section or the type of provider of health care to use for such treatment.

4. As used in this section: (a) “ Case management services ” means medical or other health care management services to assist patients and providers of health care, including, without limitation, identifying and facilitating additional resources and treatments, providing information about treatment options and facilitating communication between providers of services to a patient. (b) “ Medical management technique ” means a practice which is used to control the cost or utilization of health care services. The term includes, without limitation, the use of step therapy, prior authorization or categorizing drugs and devices based on cost, type or method of administration. (c) “ Medically necessary ” has the meaning ascribed to it in NRS 695G.055 . (d) “ Sickle cell disease and its variants ” has the meaning ascribed to it in NRS 439.4927 .
Nev. Rev. Stat. § 682A.083 — NV Code / Title 57 / Chapter 682A / Section 682A.083
“Foreign jurisdiction” defined
Status: in_force

“ Foreign jurisdiction ” means a jurisdiction other than a domestic jurisdiction.
Nev. Rev. Stat. § 690A.0163 — NV Code / Title 57 / Chapter 690A / Section 690A.0163
“Credit transaction” defined
Status: in_force

“ Credit transaction ” means any transaction for which the terms of repayment of money loaned or loan commitment made, or payment of goods, services or properties sold or leased, is to be made at a future date or dates.
Nev. Rev. Stat. § 682A.512 — NV Code / Title 57 / Chapter 682A / Section 682A.512
Diversification of investments
Status: in_force

1. Except as otherwise specified in this chapter, an insurer shall not acquire, directly or indirectly through an investment subsidiary, an investment in accordance with the provisions of this chapter if, as a result of and after giving effect to the investment, the insurer would hold more than 5 percent of its admitted assets in investments of all kinds issued, assumed, accepted, insured or guaranteed by a single person.

2. The limitation in subsection 1 does not apply to the aggregate amounts insured by a single financial guaranty insurer with the highest generic rating issued by a nationally recognized statistical rating organization.

3. Asset-backed securities are not subject to the limitation in subsection 1. However, an insurer shall not acquire an asset-backed security if, as a result of and after giving effect to the investment, the aggregate amount of asset-backed securities secured by, or evidencing an interest in, a single asset or single pool of assets held by a trust or other business entity held by the insurer would exceed 5 percent of its admitted assets.
Nev. Rev. Stat. § 689A.0437 — NV Code / Title 57 / Chapter 689A / Section 689A.0437
Coverage for drugs, laboratory testing and certain services related to human immunodeficiency virus and hepatitis C required; reimbursement of certain providers of health care for certain services; prohibited acts
Status: in_force

1. An insurer that offers or issues a policy of health insurance shall include in the policy coverage for: (a) All drugs approved by the United States Food and Drug Administration for preventing the acquisition of human immunodeficiency virus or treating human immunodeficiency virus or hepatitis C in the form recommended by the prescribing practitioner, regardless of whether the drug is included in the formulary of the insurer; (b) Laboratory testing that is necessary for therapy that uses a drug to prevent the acquisition of human immunodeficiency virus; (c) Any service to test for, prevent or treat human immunodeficiency virus or hepatitis C provided by a provider of primary care if the service is covered when provided by a specialist and: (1) The service is within the scope of practice of the provider of primary care; or (2) The provider of primary care is capable of providing the service safely and effectively in consultation with a specialist and the provider engages in such consultation; and (d) The services described in NRS 639.28085 , when provided by a pharmacist who participates in the network plan of the insurer.

2. An insurer that offers or issues a policy of health insurance shall reimburse: (a) A pharmacist who participates in the network plan of the insurer for the services described in NRS 639.28085 at a rate equal to the rate of reimbursement provided to a physician, physician assistant or advanced practice registered nurse for similar services. (b) An advanced practice registered nurse or a physician assistant who participates in the network plan of the insurer for any service to test for, prevent or treat human immunodeficiency virus or hepatitis C at a rate equal to the rate of reimbursement provided to a physician for similar services.

3. An insurer shall not: (a) Subject the benefits required by subsection 1 to medical management techniques, other than step therapy; (b) Limit the covered amount of a drug described in paragraph (a) of subsection 1; (c) Refuse to cover a drug described in paragraph (a) of subsection 1 because the drug is dispensed by a pharmacy through mail order service; or (d) Prohibit or restrict access to any service or drug to treat human immunodeficiency virus or hepatitis C on the same day on which the insured is diagnosed.

4. An insurer shall ensure that the benefits required by subsection 1 are made available to an insured through a provider of health care who participates in the network plan of the insurer.

5. A policy of health insurance subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the policy that conflicts with the provisions of this section is void.

6. As used in this section: (a) “ Medical management technique ” means a practice which is used to control the cost or use of health care services or prescription drugs. The term includes, without limitation, the use of step therapy, prior authorization and categorizing drugs and devices based on cost, type or method of administration. (b) “ Network plan ” means a policy of health insurance offered by an insurer under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums. (c) “ Primary care ” means the practice of family medicine, pediatrics, internal medicine, obstetrics and gynecology and midwifery. (d) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 695C.1736 — NV Code / Title 57 / Chapter 695C / Section 695C.1736
Required provision concerning coverage for testing, treatment and prevention of sexually transmitted diseases; required provision concerning coverage for condoms for certain insureds
Status: in_force

1. A health maintenance organization that offers or issues a health care plan shall include in the plan: (a) Coverage of testing for and the treatment and prevention of sexually transmitted diseases, including, without limitation, Chlamydia trachomatis , gonorrhea, syphilis, human immunodeficiency virus and hepatitis B and C, for all enrollees, regardless of age. Such coverage must include, without limitation, the coverage required by NRS 695C.1737 and 695C.1743 . (b) Unrestricted coverage of condoms for enrollees who are 13 years of age or older.

2. A health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 2024, has the legal effect of including the coverage required by subsection 1, and any provision of the plan that conflicts with the provisions of this section is void.
Nev. Rev. Stat. § 689B.320 — NV Code / Title 57 / Chapter 689B / Section 689B.320
Certain accommodations required to be made when child is covered under policy of noncustodial parent
Status: in_force

If a child has coverage under a group health policy pursuant to which a noncustodial parent of the child is insured, the health insurer issuing that policy shall:

1. Provide to the custodial parent such information as necessary for the child to obtain any benefits under that coverage.

2. Allow the custodial parent or, with the approval of the custodial parent, a provider of health care to submit claims for covered services without the approval of the noncustodial parent.

3. Make payments on claims submitted pursuant to subsection 2 directly to the custodial parent, the provider of health care or an agency of this or another state responsible for the administration of Medicaid.
Nev. Rev. Stat. § 686B.1783 — NV Code / Title 57 / Chapter 686B / Section 686B.1783
Maintenance of records by insurer, advisory organization or plan for apportioned risks; examination of records by Commissioner
Status: in_force

Every insurer, advisory organization and plan for apportioned risks shall maintain records of the kind reasonably adapted to its method of operation and reflecting its experience or the experience of its members and the data or other information collected or used by it. The Commissioner may examine those records at any reasonable time to determine whether the activities of the insurer, advisory organization or plan for apportioned risks comply with the provisions of this chapter and chapters 616A to 617, inclusive, of NRS. These records must be maintained in an office in this state or must be made available to the Commissioner for examination or inspection at any time after reasonable notice to the insurer, advisory organization or plan for apportioned risks.
Nev. Rev. Stat. § 693A.560 — NV Code / Title 57 / Chapter 693A / Section 693A.560
“Mutual insurance holding company” defined
Status: in_force

“ Mutual insurance holding company ” means a holding company based on a mutual plan which at all times owns a majority of the voting securities of a single intermediate stock holding company or, if no such intermediate stock holding company exists, which owns a majority of the voting securities of a reorganized stock insurer.