Nev. Rev. Stat. § 689C.1676 — NV Code / Title 57 / Chapter 689C / Section 689C.1676
Coverage for drug or device for contraception and related health services required; prohibited acts; exceptions
Status: in_force

1. Except as otherwise provided in subsection 8, a carrier that offers or issues a health benefit plan shall include in the plan coverage for: (a) Up to a 12-month supply, per prescription, of any type of drug for contraception or its therapeutic equivalent which is: (1) Lawfully prescribed or ordered; (2) Approved by the Food and Drug Administration; (3) Listed in subsection 11; and (4) Dispensed in accordance with NRS 639.28075 ; (b) Any type of device for contraception which is: (1) Lawfully prescribed or ordered; (2) Approved by the Food and Drug Administration; and (3) Listed in subsection 11; (c) Self-administered hormonal contraceptives dispensed by a pharmacist pursuant to NRS 639.28078 ; (d) Insertion of a device for contraception or removal of such a device if the device was inserted while the insured was covered by the same health benefit plan; (e) Education and counseling relating to the initiation of the use of contraception and any necessary follow-up after initiating such use; (f) Management of side effects relating to contraception; and (g) Voluntary sterilization for women.

2. A carrier shall provide coverage for any services listed in subsection 1 which are within the authorized scope of practice of a pharmacist when such services are provided by a pharmacist who is employed by or serves as an independent contractor of an in-network pharmacy and in accordance with the applicable provider network contract. Such coverage must be provided to the same extent as if the services were provided by another provider of health care, as applicable to the services being provided. The terms of the policy must not limit: (a) Coverage for services listed in subsection 1 and provided by such a pharmacist to a number of occasions less than the coverage for such services when provided by another provider of health care. (b) Reimbursement for services listed in subsection 1 and provided by such a pharmacist to an amount less than the amount reimbursed for similar services provided by a physician, physician assistant or advanced practice registered nurse.

3. A carrier 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 carrier.

4. If a covered therapeutic equivalent listed in subsection 1 is not available or a provider of health care deems a covered therapeutic equivalent to be medically inappropriate, an alternate therapeutic equivalent prescribed by a provider of health care must be covered by the carrier.

5. Except as otherwise provided in subsections 9, 10 and 12, a carrier that offers or issues a health benefit 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 included in the health benefit plan pursuant to subsection 1; (b) Refuse to issue a health benefit plan or cancel a health benefit 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 to 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.

6. Coverage pursuant to this section for the covered dependent of an insured must be the same as for the insured.

7. Except as otherwise provided in subsection 8, 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 provision of the plan or the renewal which is in conflict with this section is void.

8. A carrier that offers or issues a health benefit plan and which is affiliated with a religious organization is not required to provide the coverage required by subsection 1 if the carrier objects on religious grounds. Such a carrier shall, before the issuance of a health benefit plan and before the renewal of such a plan, provide to the prospective insured written notice of the coverage that the carrier refuses to provide pursuant to this subsection.

9. A carrier may require an insured to pay a higher deductible, copayment or coinsurance for a drug for contraception if the insured refuses to accept a therapeutic equivalent of the drug.

10. For each of the 18 methods of contraception listed in subsection 11 that have been approved by the Food and Drug Administration, a health benefit plan must include at least one drug or device for contraception within each method for which no deductible, copayment or coinsurance may be charged to the insured, but the carrier may charge a deductible, copayment or coinsurance for any other drug or device that provides the same method of contraception. If the carrier charges a copayment or coinsurance for a drug for contraception, the carrier may only require an insured to pay the copayment or coinsurance: (a) Once for the entire amount of the drug dispensed for the plan year; or (b) Once for each 1-month supply of the drug dispensed.

11. The following 18 methods of contraception must be covered pursuant to this section: (a) Voluntary sterilization for women; (b) Surgical sterilization implants for women; (c) Implantable rods; (d) Copper-based intrauterine devices; (e) Progesterone-based intrauterine devices; (f) Injections; (g) Combined estrogen- and progestin-based drugs; (h) Progestin-based drugs; (i) Extended- or continuous-regimen drugs; (j) Estrogen- and progestin-based patches; (k) Vaginal contraceptive rings; (l) Diaphragms with spermicide; (m) Sponges with spermicide; (n) Cervical caps with spermicide; (o) Female condoms; (p) Spermicide; (q) Combined estrogen- and progestin-based drugs for emergency contraception or progestin-based drugs for emergency contraception; and (r) Ulipristal acetate for emergency contraception.

12. Except as otherwise provided in this section and federal law, a carrier 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.

13. A carrier shall not: (a) Use medical management techniques to require an insured to use a method of contraception other than the method prescribed or ordered by a provider of health care; (b) Require an insured to obtain prior authorization for the benefits described in paragraphs (a) and (c) of subsection 1; or (c) Refuse to cover a contraceptive injection or the insertion of a device described in paragraph (c), (d) or (e) of subsection 11 at a hospital immediately after an insured gives birth.

14. A carrier must provide an accessible, transparent and expedited process which is not unduly burdensome by which an insured, or the authorized representative of the insured, may request an exception relating to any medical management technique used by the carrier to obtain any benefit required by this section without a higher deductible, copayment or coinsurance.

15. As used in this section: (a) “ In-network pharmacy ” means a pharmacy that has entered into a contract with a carrier to provide services to insureds through a network plan offered or issued by the carrier. (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 health benefit plan offered by a carrier 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 carrier. The term does not include an arrangement for the financing of premiums. (d) “ Provider network contract ” means a contract between a carrier and a provider of health care or pharmacy specifying the rights and responsibilities of the carrier and the provider of health care or pharmacy, as applicable, for delivery of health care services pursuant to a network plan. (e) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 . (f) “ Therapeutic equivalent ” means a drug which: (1) Contains an identical amount of the same active ingredients in the same dosage and method of administration as another drug; (2) Is expected to have the same clinical effect when administered to a patient pursuant to a prescription or order as another drug; and (3) Meets any other criteria required by the Food and Drug Administration for classification as a therapeutic equivalent.
Nev. Rev. Stat. § 685B.060 — NV Code / Title 57 / Chapter 685B / Section 685B.060
Requirements for defense of action: Bond or other security or certificate of authority
Status: in_force

1. Before any unauthorized insurer files or causes to be filed any pleading in any court action, suit or proceeding or any notice, order, pleading or process in an administrative proceeding before the Commissioner instituted against such person or insurer, by service made as provided in NRS 685B.050 , such insurer shall either: (a) Deposit with the clerk of the court in which such action, suit or proceeding is pending, or with the Commissioner in administrative proceedings before the Commissioner, cash or securities, or file with such clerk or the Commissioner a bond with good and sufficient sureties, to be approved by the clerk or the Commissioner in an amount to be fixed by the court or Commissioner sufficient to secure the payment of any final judgment which may be rendered in such action or administrative proceeding; or (b) Procure a certificate of authority to transact the business of insurance in this state. In considering the application of an insurer for a certificate of authority, for the purposes of this paragraph the Commissioner need not assert the provisions of NRS 680A.330 against such insurer with respect to its application if the Commissioner determines that such company would otherwise comply with the requirements for such certificate of authority.

2. The Commissioner, in any administrative proceeding in which service is made as provided in NRS 685B.050 , may in the discretion of the Commissioner order such postponement as may be necessary to afford the defendant reasonable opportunity to comply with the provisions of paragraph (a) of subsection 1 and to defend such action.

3. Nothing in subsection 1 shall be construed to prevent an unauthorized insurer from filing a motion to quash a writ or to set aside service thereof made in the manner provided in NRS 685B.050 , on the ground that such unauthorized insurer has not done any of the acts enumerated in NRS 685B.030 .
Nev. Rev. Stat. § 689.258 — NV Code / Title 57 / Chapter 689 / Section 689.258
Payment of child support: Statement by applicant for agent's license; grounds for denial of agent's license; duty of Commissioner
Status: in_force

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

1. An applicant for the issuance or renewal of an agent's license pursuant to this chapter shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520 . The statement must be completed and signed by the applicant.

2. The Commissioner shall include the statement required pursuant to subsection 1 in: (a) The application or any other forms that must be submitted for the issuance or renewal of the license; or (b) A separate form prescribed by the Commissioner.

3. An agent's license may not be issued or renewed by the Commissioner pursuant to this chapter if the applicant: (a) Fails to submit the statement required pursuant to subsection 1; or (b) Indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.

4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.
Nev. Rev. Stat. § 679B.200 — NV Code / Title 57 / Chapter 679B / Section 679B.200
Evidentiary effect of Commissioner's certificates and certified copies of documents
Status: in_force

1. All certificates issued by the Commissioner in accordance with the provisions of this Code and all copies of documents filed in his or her office in accordance with the provisions of this Code when certified by the Commissioner must be taken and received in all courts and public offices and by official bodies of this state as prima facie evidence of the facts therein stated.

2. A certificate by the Commissioner under the seal of the Division as to facts relating to insurers which would not appear from a certified copy of any of the documents or certificates specified in subsection 1 must be taken and received in all courts and public offices and by official bodies as prima facie evidence of the facts therein stated.
Nev. Rev. Stat. § 688D.070 — NV Code / Title 57 / Chapter 688D / Section 688D.070
Applicability
Status: in_force

The provisions of this chapter do not apply to any policy of life insurance, annuity or benefit contract that is used to fund or otherwise provide a death benefit under an employee benefit program which is subject to the Employee Retirement Income Security Act of 1974, 29 U.S.C. §§ 1001 et seq.
Nev. Rev. Stat. § 688A.140 — NV Code / Title 57 / Chapter 688A / Section 688A.140
Payment of claims
Status: in_force

There shall be a provision that when the benefits under the policy become payable by reason of the death of the insured, settlement shall be made upon receipt of due proof of death and, at the insurer's option, surrender of the policy and proof of the interest of the claimant or surrender of proof. If an insurer specifies a particular period prior to the expiration of which settlement shall be made, such period shall not exceed 2 months from the receipt of such proofs.
Nev. Rev. Stat. § 695D.280 — NV Code / Title 57 / Chapter 695D / Section 695D.280
Rehabilitation, liquidation or conservation: Conduct
Status: in_force

Any rehabilitation, liquidation or conservation of an organization for dental care shall be deemed to be the rehabilitation, liquidation or conservation of an insurer and must be conducted pursuant to chapter 696B of NRS .
Nev. Rev. Stat. § 686B.178 — NV Code / Title 57 / Chapter 686B / Section 686B.178
Disapproval of rates: Commissioner required to issue written order stating reasons for disapproval and date by which insurer must discontinue use of rate
Status: in_force

If the Commissioner disapproves a rate, the Commissioner shall issue a written order stating the reasons for the disapproval and stating the date when the rate must no longer be used for policies which are issued or renewed. The date established by the Commissioner must be within a reasonable period after the written order is issued. The Commissioner shall issue the order within 30 days after the hearing. The Commissioner may require that the premiums be adjusted after the date of the order for those policies in effect on the date of the order.
Nev. Rev. Stat. § 682A.315 — NV Code / Title 57 / Chapter 682A / Section 682A.315
Limitation on time for admitted asset acquired by exemption
Status: in_force

1. An investment, or portion of an investment, acquired by an insurer in accordance with NRS 682A.310 becomes a nonadmitted asset 3 years, or 5 years in the case of mortgage loans and real estate, after the date of its acquisition, unless within that period the investment has become a qualified investment in accordance with a provision of this chapter, other than NRS 682A.310 , but an investment acquired in accordance with an agreement of bulk reinsurance, merger or consolidation may be qualified for a longer period if so provided in the plan for reinsurance, merger or consolidation as approved by the Commissioner.

2. Upon application by the insurer, and a showing that the nonadmission of an asset held in accordance with NRS 682A.310 would materially injure the interests of the insurer, the Commissioner may extend the period of admissibility for an additional reasonable period of time.
Nev. Rev. Stat. § 689C.355 — NV Code / Title 57 / Chapter 689C / Section 689C.355
Prohibited acts of carrier or producer related to encouraging or directing small employer to take certain actions; exceptions; prohibited acts by carrier related to contract or agreement with producer; violation may constitute unfair trade practice; applicability
Status: in_force

1. Except as otherwise provided in this section, a carrier or a producer shall not, directly or indirectly: (a) Encourage or direct a small employer to refrain from filing an application for coverage with the carrier because of the health status, claims experience, industry, occupation or geographic location of the small employer. (b) Encourage or direct a small employer to seek coverage from another carrier because of the health status, claims experience, industry, occupation or geographic location of the small employer.

2. The provisions of subsection 1 do not apply to information provided to a small employer by a carrier or a producer relating to the geographic service area or a provision for a restricted network of the carrier.

3. A carrier shall not, directly or indirectly, enter into any contract, agreement or arrangement with a producer if the contract, agreement or arrangement provides for or results in a variation to the compensation that is paid to a producer for the sale of a health benefit plan because of the health status, claims experience, industry, occupation or geographic location of the small employer at the time that the health benefit plan is issued to or renewed by the small employer.

4. A carrier shall not terminate, fail to renew, or limit its contract or agreement of representation with a producer for any reason related to the health status, claims experience, occupation or geographic location of a small employer at the time that the health benefit plan is issued to or renewed by the small employer placed by the producer with the carrier.

5. A carrier or producer shall not induce or otherwise encourage a small employer to separate or otherwise exclude an employee or a dependent of the employee from health coverage or benefits provided in connection with the employment of the employee.

6. A violation of any provision of this section by a carrier may constitute an unfair trade practice for the purposes of chapter 686A of NRS .

7. The provisions of this section apply to a third-party administrator if the third-party administrator enters into a contract, agreement or other arrangement with a carrier to provide administrative, marketing or other services related to the offering of a health benefit plan to small employers in this state.

8. Nothing in this section interferes with the right and responsibility of a producer to advise and represent the best interests of a small employer who is seeking health insurance coverage from a small employer carrier.
Nev. Rev. Stat. § 682A.532 — NV Code / Title 57 / Chapter 682A / Section 682A.532
Valuation of personal property under lease
Status: in_force

The insurer shall compute the amount of each investment entered into in accordance with the provisions of NRS 682A.530 to 682A.538 , inclusive, on the basis of the out-of-pocket purchase price and applicable related expenses paid by the insurer for the investment, net of each borrowing made to finance the purchase price and expenses, to the extent the borrowing is without recourse to the insurer.
Nev. Rev. Stat. § 681A.480 — NV Code / Title 57 / Chapter 681A / Section 681A.480
Brokers: Conditions for employment; annual statement of financial condition
Status: in_force

1. An insurer shall not engage the services of any person to act as a broker for reinsurance on its behalf unless the person is licensed pursuant to NRS 681A.430 .

2. An insurer may not employ a person who is employed by a broker for reinsurance with whom it transacts business, unless the broker for reinsurance is under common control with the insurer within the meaning of chapter 692C of NRS .

3. The insurer shall annually obtain a copy of statements of the financial condition of each broker for reinsurance with which it transacts business.
Nev. Rev. Stat. § 683A.367 — NV Code / Title 57 / Chapter 683A / Section 683A.367
Restrictions concerning selling, soliciting and negotiating continuous care coverage; fine
Status: in_force

1. A person licensed as a producer of insurance shall not sell, solicit or negotiate continuous care coverage unless the person is licensed as a producer of: (a) Accident and health insurance and casualty insurance; or (b) Accident and health insurance and has received approval from the Commissioner to market continuous care coverage.

2. A person who violates the provisions of subsection 1 is subject to an administrative fine pursuant to subsection 3 of NRS 683A.201 .
Nev. Rev. Stat. § 681A.010 — NV Code / Title 57 / Chapter 681A / Section 681A.010
Definitions; nonexclusive application
Status: in_force

1. As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 681A.020 to 681A.080 , inclusive, have the meanings ascribed to them in those sections.

2. It is intended that certain insurance coverages may come within the definitions of two or more kinds of insurance as defined in this chapter, and the inclusion of such coverage within one definition shall not exclude it as to any other kind of insurance within the definition of which such coverage is likewise reasonably includable.
Nev. Rev. Stat. § 695G.200 — NV Code / Title 57 / Chapter 695G / Section 695G.200
Establishment; approval; requirements; assistance for persons filing complaints; examination
Status: in_force

1. Each managed care organization shall establish a system for resolving complaints of an insured concerning: (a) Payment or reimbursement for covered health care services; (b) Availability, delivery or quality of covered health care services, including, without limitation, an adverse determination made pursuant to utilization review; or (c) The terms and conditions of a health care plan. The system must be approved by the Commissioner.

2. If an insured makes an oral complaint, a managed care organization shall inform the insured that if the insured is not satisfied with the resolution of the complaint, the insured must file the complaint in writing to receive further review of the complaint.

3. Each managed care organization shall: (a) Upon request, assign an employee of the managed care organization to assist an insured or other person in filing a complaint or appealing a decision of the review board; (b) Authorize an insured who appeals a decision of the review board to appear before the review board to present testimony at a hearing concerning the appeal; and (c) Authorize an insured to introduce any documentation into evidence at a hearing of a review board and require an insured to provide the documentation required by the health care plan of the insured to the review board not later than 5 business days before a hearing of the review board.

4. The Commissioner may examine the system for resolving complaints established pursuant to this section at such times as the Commissioner deems necessary or appropriate.
Nev. Rev. Stat. § 689C.159 — NV Code / Title 57 / Chapter 689C / Section 689C.159
Certain provisions inapplicable to plan that carrier makes available only through bona fide association
Status: in_force

The provisions of NRS 689C.156 do not apply to health benefit plans offered by a carrier if the carrier makes the health benefit plan available in the small employer market only through a bona fide association.
Nev. Rev. Stat. § 695B.2585 — NV Code / Title 57 / Chapter 695B / Section 695B.2585
Provision of group coverage in lieu of converted individual contract
Status: in_force

The medical service corporation may elect to provide group coverage in lieu of the issuance of a converted individual contract.
Nev. Rev. Stat. § 694C.389 — NV Code / Title 57 / Chapter 694C / Section 694C.389
State-chartered risk retention group: Compliance with laws and requirements applicable to liability insurers
Status: in_force

A state-chartered risk retention group must comply with all of the laws, regulations and requirements applicable to liability insurers in this State, unless otherwise approved by the Commissioner.
Nev. Rev. Stat. § 694C.340 — NV Code / Title 57 / Chapter 694C / Section 694C.340
Compliance with requirements relating to investments; loan to parent or affiliated company by pure captive insurer in certain circumstances
Status: in_force

1. Except as otherwise provided in this section and NRS 694C.382 , an association captive insurer, an agency captive insurer, a rental captive insurer, a sponsored captive insurer or a state-chartered risk retention group shall comply with the requirements relating to investments set forth in chapter 682A of NRS . Upon the request of the association captive insurer, agency captive insurer, rental captive insurer, sponsored captive insurer or state-chartered risk retention group, the Commissioner may approve the use of reliable, alternative methods of valuation and rating.

2. A pure captive insurer is not subject to any restrictions on allowable investments, except that the Commissioner may prohibit or limit any investment that threatens the solvency or liquidity of the pure captive insurer.

3. A pure captive insurer may make a loan to its parent or affiliated company if the loan: (a) Is first approved in writing by the Commissioner; (b) Is evidenced by a note that is in a form that is approved by the Commissioner; and (c) Does not include any money that has been set aside as capital or surplus as required by subsection 1 of NRS 694C.250 .
Nev. Rev. Stat. § 688A.440 — NV Code / Title 57 / Chapter 688A / Section 688A.440
Incorporation of long-term care insurance into annuity or policy of life insurance
Status: in_force

1. An annuity or policy of life insurance may incorporate long-term care insurance if: (a) The long-term care insurance incorporated into the annuity or policy of life insurance complies with regulations adopted by the Commissioner. (b) The Commissioner approves the incorporation of long-term care insurance into the annuity or policy of life insurance.

2. The Commissioner shall adopt regulations that define “long-term care insurance” for the purposes of this section.
Nev. Rev. Stat. § 689A.405 — NV Code / Title 57 / Chapter 689A / Section 689A.405
Policy covering prescription drugs: Provision of notice and information regarding use of formulary
Status: in_force

1. An insurer that offers or issues a policy of health insurance which provides coverage for prescription drugs shall include with any summary, certificate or evidence of that coverage provided to an insured, notice of whether a formulary is used and, if so, of the opportunity to secure information regarding the formulary from the insurer pursuant to subsection 2. The notice required by this subsection must: (a) Be in a language that is easily understood and in a format that is easy to understand; (b) Include an explanation of what a formulary is; and (c) If a formulary is used, include: (1) An explanation of: (I) How often the contents of the formulary are reviewed; and (II) The procedure and criteria for determining which prescription drugs are included in and excluded from the formulary; and (2) The telephone number of the insurer for making a request for information regarding the formulary pursuant to subsection 2.

2. If an insurer offers or issues a policy of health insurance which provides coverage for prescription drugs and a formulary is used, the insurer shall: (a) Provide to any insured or participating provider of health care, upon request: (1) Information regarding whether a specific drug is included in the formulary. (2) Access to the most current list of prescription drugs in the formulary, organized by major therapeutic category, with an indication of whether any listed drugs are preferred over other listed drugs. If more than one formulary is maintained, the insurer shall notify the requester that a choice of formulary lists is available. (b) Notify each person who requests information regarding the formulary, that the inclusion of a drug in the formulary does not guarantee that a provider of health care will prescribe that drug for a particular medical condition. (c) During each period for open enrollment, publish on an Internet website that is operated by the insurer and accessible to the public or include in any enrollment materials distributed by the insurer a notice of all prescription drugs that: (1) Are included on the most recent list of drugs that are essential for treating diabetes in this State compiled by the Department of Health and Human Services pursuant to paragraph (a) of subsection 1 of NRS 439B.630 ; and (2) Have been removed or will be removed from the formulary during the current plan year or the next plan year. (d) Update the notice required by paragraph (c) throughout the period for open enrollment.
Nev. Rev. Stat. § 692C.076 — NV Code / Title 57 / Chapter 692C / Section 692C.076
“NAIC” defined
Status: in_force

“ NAIC ” means the National Association of Insurance Commissioners.
Nev. Rev. Stat. § 695K.030 — NV Code / Title 57 / Chapter 695K / Section 695K.030
“Certified community behavioral health clinic” defined
Status: in_force

<Section effective Jan. 1, 2026.>

“ Certified community behavioral health clinic ” means a community behavioral health clinic certified in accordance with section 223 of the Protecting Access to Medicare Act of 2014, Public Law No. 113-93.
Nev. Rev. Stat. § 688C.266 — NV Code / Title 57 / Chapter 688C / Section 688C.266
Form of certain disclosures
Status: in_force

Disclosures made pursuant to NRS 688C.262 and 688C.264 must be printed conspicuously in at least 12-point type in any contract or in a separate document signed by the purchaser of viatical settlements and:

1. The provider of viatical settlements; or

2. The viatical settlement investment agent who contracted with or was appointed by the provider of viatical settlements.
Nev. Rev. Stat. § 695C.240 — NV Code / Title 57 / Chapter 695C / Section 695C.240
Information required to be available for inspection
Status: in_force

Every health maintenance organization shall have available for inspection the following information:

1. A current statement of financial condition including a balance sheet and summary of receipts and disbursements;

2. A description of the organizational structure and operation of the health maintenance organization and a summary of any material changes since the issuance of the last report;

3. A description of services and information as to where and how to secure them; and

4. A clear and understandable description of the health maintenance organization's method for resolving enrollee complaints.
Nev. Rev. Stat. § 695C.145 — NV Code / Title 57 / Chapter 695C / Section 695C.145
Accounting principles required for certain reports and transactions; health maintenance organization subject to requirements for certain insurers
Status: in_force

1. A health maintenance organization shall use accounting principles that are recognized by the laws of this state or approved by the Commissioner for: (a) All financial reports; (b) The accounting of investments and deposits; and (c) Transactions between affiliates and holding companies.

2. A health maintenance organization is subject to the requirements for insurers for: (a) Administrators, agents, brokers and solicitors, pursuant to chapter 683A of NRS ; (b) Borrowing, pursuant to NRS 693A.180 ; (c) Impairment of capital, surplus or assets, pursuant to NRS 693A.260 , 693A.270 and 693A.280 ; (d) Management and agency contracts executed on or after January 1, 1992; and (e) Officers, pursuant to NRS 693A.120 and 693A.130 .

3. A domestic health maintenance organization is subject to the requirements for insurers for corporations pursuant to NRS 693A.040 to 693A.070 , inclusive.
Nev. Rev. Stat. § 689C.197 — NV Code / Title 57 / Chapter 689C / Section 689C.197
Carrier prohibited from denying coverage because applicant or insured was intoxicated or under influence of controlled substance; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, a carrier shall not: (a) Deny a claim under a health benefit plan solely because the claim involves an injury sustained by an insured as a consequence of being intoxicated or under the influence of a controlled substance. (b) Cancel participation under a health benefit plan solely because an insured has made a claim involving an injury sustained by the insured as a consequence of being intoxicated or under the influence of a controlled substance. (c) Refuse participation under a health benefit plan to an eligible applicant solely because the applicant has made a claim involving an injury sustained by the applicant as a consequence of being intoxicated or under the influence of a controlled substance.

2. The provisions of subsection 1 do not prohibit a carrier from enforcing a provision included in a health benefit plan to: (a) Deny a claim which involves an injury to which a contributing cause was the insured's commission of or attempt to commit a felony; (b) Cancel participation in a health benefit plan solely because of such a claim; or (c) Refuse participation in a health benefit plan to an eligible applicant solely because of such a claim.

3. The provisions of this section do not apply to a carrier under a health benefit plan that provides coverage for long-term care or disability income.
Nev. Rev. Stat. § 689.525 — NV Code / Title 57 / Chapter 689 / Section 689.525
Agent's license: Issuance; denial
Status: in_force

1. If the Commissioner finds that the application is complete and the applicant meets the requirements of NRS 689.520 after an investigation not to exceed 30 days, the Commissioner shall issue at the request of the holder of a valid seller's permit an agent's license to the applicant.

2. If the license is denied the Commissioner shall immediately notify the applicant and the seller that the applicant was to represent setting forth the reasons for the denial.
Nev. Rev. Stat. § 679B.250 — NV Code / Title 57 / Chapter 679B / Section 679B.250
Conduct of examination; access to records; corrections; penalty
Status: in_force

1. When the Commissioner determines to examine the affairs of any person, the Commissioner shall designate one or more examiners and instruct them as to the scope of the examination. The examiner shall, upon demand, exhibit the official credentials of the examiner to the person under examination.

2. The Commissioner shall conduct each examination in an expeditious, fair and impartial manner.

3. Upon any such examination the Commissioner, or the examiner if specifically so authorized in writing by the Commissioner, may administer oaths, and examine under oath any person as to any matter relevant to the affairs under examination or relevant to the examination.

4. Every person being examined, its officers, attorneys, employees, agents and representatives shall make freely available to the Commissioner or the examiners of the Commissioner the accounts, records, documents, files, information, assets and matters of the person examined in his or her possession or control relating to the subject of the examination and shall facilitate the examination.

5. If the Commissioner or examiner finds any accounts or records to be inadequate, or inadequately kept or posted, the Commissioner may employ experts to reconstruct, rewrite, post or balance them at the expense of the person being examined if that person has failed to maintain, complete or correct the records or accounting after the Commissioner or examiner has given the person written notice and a reasonable opportunity to do so.

6. Neither the Commissioner nor any examiner may remove any record, account, document, file or other property of the person being examined from the offices or place of the person examined except with the written consent of the person before removal or pursuant to an order of court duly obtained. This provision does not affect the making and removal of copies or abstracts of any such record, account, document or file.

7. Any person who refuses without just cause to be examined under oath or who willfully obstructs or interferes with the examiners in the exercise of their authority pursuant to this section is guilty of a misdemeanor.

8. This chapter does not limit the Commissioner's authority: (a) To terminate or suspend an examination in order to pursue other legal or regulatory action. (b) During any hearing or any legal action, to use and, if so ordered by a court, to make public a final or preliminary report of an examination, working papers or other documents of an examiner or insurer, or any other information discovered or developed during the course of an examination. Such documents must be given their appropriate evidentiary weight and must not be accepted as prima facie evidence of the facts contained therein.
Nev. Rev. Stat. § 689A.160 — NV Code / Title 57 / Chapter 689A / Section 689A.160
Change of beneficiary
Status: reserved

1. There shall be a provision as follows: Change of Beneficiary: Unless the insured makes an irrevocable designation of beneficiary, the right to change of beneficiary is reserved to the insured and the consent of the beneficiary or beneficiaries shall not be requisite to surrender or assignment of this policy or to any change of beneficiary or beneficiaries, or to any other changes in this policy.

2. The first clause of the provision set forth in subsection 1, relating to the irrevocable designation of beneficiary, may be omitted at the insurer's option.
Nev. Rev. Stat. § 689C.207 — NV Code / Title 57 / Chapter 689C / Section 689C.207
Regulations concerning reissuance of health benefit plan
Status: in_force

The Commissioner may adopt regulations to require a carrier, as a condition of transacting insurance with small employers in this state after July 16, 1997, to reissue a health benefit plan to any small employer whose health benefit plan has been terminated or not renewed by the carrier after July 1, 1997. The Commissioner may prescribe such terms for the reissue of coverage as the Commissioner finds are reasonable and necessary to provide continuity of coverage to small employers.
Nev. Rev. Stat. § 682A.159 — NV Code / Title 57 / Chapter 682A / Section 682A.159
“Potential exposure” defined
Status: in_force

“ Potential exposure ” means the amount determined in accordance with the Annual Statement Instructions for the type of insurer to be reported on as adopted by the NAIC.
Nev. Rev. Stat. § 690B.450 — NV Code / Title 57 / Chapter 690B / Section 690B.450
Applicability
Status: in_force

The provisions of NRS 690B.400 to 690B.495 , inclusive, do not apply to a person who is regulated pursuant to chapter 704 or 706 of NRS unless the person holds a permit issued pursuant to NRS 706A.130 .
Nev. Rev. Stat. § 689B.0312 — NV Code / Title 57 / Chapter 689B / Section 689B.0312
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. An insurer that offers or issues a policy of group 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 group 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 group 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 group 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. § 696B.510 — NV Code / Title 57 / Chapter 696B / Section 696B.510
Summary proceedings: Appeal from Commissioner's order
Status: in_force

1. If the Commissioner has issued a summary order before hearing as provided in subsection 2 of NRS 696B.500 , any person upon whom such order is served may waive the Commissioner's hearing and apply for any immediate judicial relief available under law and without first exhausting his or her administrative remedies.

2. NRS 679B.370 (appeal from Commissioner) applies to appeals from the Commissioner's order made after hearing.
Nev. Rev. Stat. § 686B.177 — NV Code / Title 57 / Chapter 686B / Section 686B.177
Rating information to be filed with Commissioner; approval of rates
Status: in_force

The Advisory Organization shall file with the Commissioner a copy of every prospective loss cost, every manual of rating rules, every rating schedule and every change, amendment or modification to them which is proposed for use in this state at least 60 days before they are distributed to the Organization's members, subscribers or other persons. The rates shall be deemed to be approved unless they are disapproved by the Commissioner within 60 days after they are filed.
Nev. Rev. Stat. § 689C.380 — NV Code / Title 57 / Chapter 689C / Section 689C.380
“Contract” defined
Status: in_force

“ Contract ” means a policy or certificate for hospital or medical expenses, a contract for dental, hospital or medical services, or a health care plan of a health maintenance organization available for use by or offered or sold to a small employer. The term does not include coverage issued as a supplement to liability insurance, workers' compensation or similar insurance, automobile medical payment insurance, coverage for a specified disease, hospital confinement indemnity or limited-benefit health insurance.
Nev. Rev. Stat. § 688C.212 — NV Code / Title 57 / Chapter 688C / Section 688C.212
Financial planner who performs certain activities related to viatical settlements required to be licensed as insurance consultant
Status: in_force

1. A financial planner who, on behalf of a viator and for a fee, commission or other valuable consideration not paid by a provider or purchaser of viatical settlements, offers or attempts to negotiate a viatical settlement between the viator and one or more providers or brokers of viatical settlements must be licensed as an insurance consultant pursuant to NRS 683C.020 .

2. As used in this section, “ financial planner ” means a person who for compensation advises others upon the investment of money or upon provision for income to be needed in the future, or who holds himself or herself out as qualified to perform either of these functions, but does not include: (a) An attorney and counselor at law admitted by the Supreme Court of this State; (b) A certified public accountant or a public accountant pursuant to NRS 628.190 to 628.310 , inclusive; (c) A broker-dealer or sales representative licensed pursuant to NRS 90.310 or exempt under NRS 90.320 ; (d) An investment adviser licensed pursuant to NRS 90.330 or exempt under NRS 90.340 or 90.345 ; or (e) A producer of insurance licensed pursuant to chapter 683A of NRS or an insurance consultant licensed pursuant to chapter 683C of NRS , whose advice upon investment or provision of future income is incidental to the practice of his or her profession or business.
Nev. Rev. Stat. § 685A.160 — NV Code / Title 57 / Chapter 685A / Section 685A.160
Records of broker
Status: in_force

1. Each broker shall keep in his or her office a full and true record of each surplus lines coverage procured by the broker for which this State is the insured's home state, including a copy of each daily report, if any, a copy of each certificate of insurance issued by the broker, and such of the following items as may be applicable: (a) The amount of the insurance; (b) The gross premium charged; (c) The return premium paid, if any; (d) The rate of premium charged upon the several items of property; (e) The effective date of the contract, and the terms thereof; (f) The name and address of each insurer on the direct risk and the proportion of the entire risk assumed by that insurer if less than the entire risk; (g) The name and address of the insured; (h) A brief general description of the property or risk insured and where located or to be performed; and (i) Any other information as may be required by the Commissioner.

2. The record must not be removed from the office of the broker and must be open to examination by the Commissioner or a representative of the Commissioner at all times within 5 years after issuance of the coverage to which it relates.
Nev. Rev. Stat. § 686A.291 — NV Code / Title 57 / Chapter 686A / Section 686A.291
Criminal penalty for insurance fraud
Status: in_force

A person who commits insurance fraud is guilty of a category D felony and shall be punished as provided in NRS 193.130 .
Nev. Rev. Stat. § 686A.190 — NV Code / Title 57 / Chapter 686A / Section 686A.190
Interlocking ownership or management; serving as director of competing insurers
Status: in_force

1. Any insurer may retain, invest in or acquire the whole or any part of the capital stock of any other insurer or insurers, or have a common management with any other insurer or insurers, unless such retention, investment, acquisition or common management is inconsistent with any other provision of this Code, or unless by reason thereof the business of such insurers with the public is conducted in a manner which substantially lessens competition generally in the insurance business or tends to create any monopoly therein.

2. Any person otherwise qualified may be a director of two or more insurers which are competitors, unless the effect thereof is to lessen substantially competition between insurers generally or tends materially to create any monopoly.
Nev. Rev. Stat. § 682A.524 — NV Code / Title 57 / Chapter 682A / Section 682A.524
Limitation on aggregate amount of investments held in equity interests
Status: in_force

An insurer shall not acquire an investment in accordance with the provisions of NRS 682A.522 to 682A.528 , inclusive, if, as a result of and after giving effect to the investment, the aggregate amount of investments held by the insurer in accordance with the provisions of those sections would exceed the greater of 25 percent of the insurer's admitted assets or 100 percent of the insurer's surplus as regards policyholders.
Nev. Rev. Stat. § 689C.023 — NV Code / Title 57 / Chapter 689C / Section 689C.023
“Bona fide association” defined
Status: in_force

“Bona fide association” has the meaning ascribed to it in NRS 689A.485 .
Nev. Rev. Stat. § 689A.350 — NV Code / Title 57 / Chapter 689A / Section 689A.350
Age limit
Status: in_force

If any such policy contains a provision establishing, as an age limit or otherwise, a date after which the coverage provided by the policy will not be effective, and if such date falls within a period for which a premium is accepted by the insurer or if the insurer accepts a premium after such date, the coverage provided by the policy will continue in force subject to any right of termination until the end of the period for which the premium has been accepted. If the age of the insured has been misstated and if, according to the correct age of the insured, the coverage provided by the policy would not have become effective, or would have ceased prior to the acceptance of such premium or premiums, then the liability of the insurer shall be limited to the refund of all premiums paid for the period not covered by the policy.
Nev. Rev. Stat. § 696B.255 — NV Code / Title 57 / Chapter 696B / Section 696B.255
Commissioner as receiver, rehabilitator or liquidator authorized to appoint advisory committee; payment of costs
Status: in_force

1. The Commissioner, as receiver, rehabilitator or liquidator, may, with the approval of the court, appoint an advisory committee of policyholders, claimants or other creditors, including guaranty associations, if the Commissioner considers such a committee necessary. The committee serves at the pleasure of the Commissioner and serves without compensation other than reimbursement for reasonable travel and other expenses. No other committee of any nature may be appointed by the Commissioner or the court in proceedings for receivership, rehabilitation or liquidation conducted pursuant to this chapter.

2. If the property of the insurer does not contain sufficient cash or liquid assets to defray the costs incurred, the Commissioner may advance the costs so incurred out of any appropriation for the maintenance of the Division. Any amounts so advanced for expenses of administration must be repaid to the Commissioner out of the first available money of the insurer.
Nev. Rev. Stat. § 695A.1855 — NV Code / Title 57 / Chapter 695A / Section 695A.1855
Coverage for certain screenings and tests for breast cancer required; prohibited acts
Status: in_force

1. A benefit contract 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. A society 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 society.

3. Except as otherwise provided in subsection 5, a society that offers or issues a benefit contract 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 for coverage to obtain any benefit provided in a benefit contract pursuant to subsection 1; (b) Refuse to issue a benefit contract or cancel a benefit contract 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 benefit contract 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 benefit contract or the renewal which is in conflict with this section is void.

5. Except as otherwise provided in this section and federal law, a society 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 benefit contract with respect to the deductible of such a benefit contract 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 benefit contract offered by a society 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 society. 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 benefit contract ” means a benefit contract 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. § 690B.493 — NV Code / Title 57 / Chapter 690B / Section 690B.493
Monitored autonomous vehicle required to contain evidence of coverage; provision of proof of coverage and certain disclosure to law enforcement and other party if vehicle involved in accident or motor vehicle crash
Status: in_force

1. A monitored autonomous vehicle provider shall ensure that proof of coverage under a policy of transportation network company insurance is contained within the monitored autonomous vehicle of the monitored autonomous vehicle provider at all times when the monitored autonomous vehicle provider is operating the monitored autonomous vehicle.

2. If the monitored autonomous vehicle of a monitored autonomous vehicle provider is involved in an accident or motor vehicle crash, the monitored autonomous vehicle provider shall ensure that any law enforcement officer and any party with whom the monitored autonomous vehicle is involved in the accident or motor vehicle crash is provided with: (a) Proof of coverage under a policy of transportation network company insurance; and (b) A disclosure as to whether the monitored autonomous vehicle provider was logged into the digital network or software application service of the transportation network company, available to receive requests for transportation services or providing transportation services at the time of the accident or motor vehicle crash.

3. As used in this section, “monitored autonomous vehicle” has the meaning ascribed to it in NRS 706A.045 .
Nev. Rev. Stat. § 688A.340 — NV Code / Title 57 / Chapter 688A / Section 688A.340
Basis for calculating adjusted premiums and present values on ordinary policies issued after operative date of this section; election to come under this section; operative date of this section as to insurer failing to make election
Status: in_force

1. In the case of ordinary policies issued on or after the operative date of this section, all adjusted premiums and present values referred to in NRS 688A.290 to 688A.360 , inclusive, must be calculated on the basis of the Commissioners 1958 Standard Ordinary Mortality Table and the rate of interest specified in the policy for calculating cash surrender values and paid-up nonforfeiture benefits, but the rate of interest must not exceed 3.5 percent per annum, or 4 percent per annum for policies issued on or after July 1, 1973, and before July 1, 1977, and a rate of interest not exceeding 5.5 percent per annum may be used for policies issued on or after July 1, 1977, other than single premium whole life or endowment insurance policies, and for the latter policies a rate of interest not exceeding 6.5 percent per annum may be used, except that: (a) For any category of ordinary insurance issued on female risks, adjusted premiums and present values may be calculated according to an age not more than 6 years younger than the actual age of the insured. (b) In calculating the present value of any paid-up term insurance with accompanying pure endowment, if any, offered as a nonforfeiture benefit, the rates of mortality assumed may be not more than those shown in the Commissioners 1958 Extended Term Insurance Table. (c) The calculation of adjusted premiums and present values for insurance issued on a substandard basis may be based on such other table of mortality as may be specified by the insurer and approved by the Commissioner.

2. Any insurer may file with the Commissioner a written notice of its election to comply with the provisions of this section after a specified date before January 1, 1966. After the filing of the notice, this section becomes operative upon the specified date with respect to the ordinary policies thereafter issued by the insurer.

3. If an insurer makes no such election, the operative date of this section for the insurer is January 1, 1966.

4. This section does not apply to ordinary policies issued on or after the operative date of NRS 688A.325 .
Nev. Rev. Stat. § 695B.3165 — NV Code / Title 57 / Chapter 695B / Section 695B.3165
Corporation prohibited from denying coverage solely because applicant or insured was intoxicated or under the influence of controlled substance; exceptions
Status: in_force

1. Except as otherwise provided in subsection 2, a medical services corporation that issues contracts for hospital, medical or dental services shall not: (a) Deny a claim under such a contract solely because the claim involves an injury sustained by an insured as a consequence of being intoxicated or under the influence of a controlled substance. (b) Cancel such a contract solely because an insured has made a claim involving an injury sustained by the insured as a consequence of being intoxicated or under the influence of a controlled substance. (c) Refuse to issue such a contract to an eligible applicant solely because the applicant has made a claim involving an injury sustained by the applicant as a consequence of being intoxicated or under the influence of a controlled substance.

2. The provisions of subsection 1 do not prohibit a medical services corporation from enforcing a provision included in a contract for hospital, medical or dental services to: (a) Deny a claim which involves an injury to which a contributing cause was the insured's commission of or attempt to commit a felony; (b) Cancel such a contract solely because of such a claim; or (c) Refuse to issue such a contract to an eligible applicant solely because of such a claim.

3. The provisions of this section do not apply to a medical services corporation under a contract for hospital, medical or dental services that provides coverage for long-term care or disability income.
Nev. Rev. Stat. § 679A.130 — NV Code / Title 57 / Chapter 679A / Section 679A.130
“Transacting insurance” defined
Status: in_force

In addition to other aspects of insurance operations to which provisions of this Code by their terms apply, “transact” with respect to a business of insurance includes any of the following, by mail or otherwise or whether or not for the purpose of profit:

1. Solicitation or inducement.

2. Negotiations.

3. Effectuation of a contract of insurance.

4. Transaction of matters subsequent to effectuation and arising out of such a contract.
Nev. Rev. Stat. § 686B.330 — NV Code / Title 57 / Chapter 686B / Section 686B.330
Conversion into domestic mutual insurer or domestic reciprocal insurer: “Insured” defined
Status: in_force

As used in NRS 686B.330 to 686B.370 , inclusive, unless the context otherwise requires, “insured” has the meaning ascribed to it in NRS 686B.260 .
Nev. Rev. Stat. § 693B.170 — NV Code / Title 57 / Chapter 693B / Section 693B.170
Effect of chapter on organization's power and on foreign and alien companies
Status: in_force

Nothing in this chapter shall be construed to limit the powers of any organization, or to permit or require any organization which is not domiciled in this state, or any branch, office or agency of such organization, or the directors, officers, policyholders or stockholders of any such organization to act, or fail to act, in such a manner as would violate the laws of the jurisdiction wherein such organization has its domicile.
Nev. Rev. Stat. § 681B.108 — NV Code / Title 57 / Chapter 681B / Section 681B.108
Valuation of property
Status: in_force

1. Real property acquired pursuant to a mortgage loan or contract for sale, in the absence of a recent appraisal deemed by the Commissioner to be reliable, must not be valued at an amount greater than the unpaid principal of the defaulted loan or contract plus interest due and accrued at the date of acquisition, together with any taxes and expenses paid or incurred in connection with the acquisition, and the cost of improvements thereafter made by the insurer and any amounts thereafter paid by the insurer on assessments levied for improvements in connection with the property.

2. Other real property held by an insurer must not be valued at an amount in excess of the lesser of the fair value as determined by recent appraisal or the actual cost, plus capitalized improvements, less normal depreciation. If valuation is based on an appraisal more than 3 years old, the Commissioner may, at his or her discretion, call for and require a new appraisal in order to determine fair value.
Nev. Rev. Stat. § 686A.282 — NV Code / Title 57 / Chapter 686A / Section 686A.282
“Investigative or law enforcement agency” defined
Status: in_force

“Investigative or law enforcement agency” includes:

1. The State Fire Marshal;

2. The chief or other officer of the fire department in whose jurisdiction a fire has occurred;

3. The district attorney of the county where any fraudulent activity has occurred or where a fraudulent claim has been made; and

4. Any other officer of an agency in this state who has the authority to investigate the fraudulent activity or claim.
Nev. Rev. Stat. § 687B.740 — NV Code / Title 57 / Chapter 687B / Section 687B.740
Inducement to provide less than medically necessary health care services prohibited
Status: in_force

A health carrier which offers or issues a network plan shall not offer an inducement to a participating provider of health care in the network that would encourage or otherwise incent the participating provider of health care to deliver health care services to a covered person which are less than those which are medically necessary.
Nev. Rev. Stat. § 686A.281 — NV Code / Title 57 / Chapter 686A / Section 686A.281
Definitions
Status: in_force

As used in NRS 686A.281 to 686A.295 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 686A.2815 , 686A.282 and 686A.2825 have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 689C.560 — NV Code / Title 57 / Chapter 689C / Section 689C.560
Regulations governing bond or other security to be maintained by voluntary purchasing group
Status: in_force

A voluntary purchasing group shall post a bond for the benefit of members of the group and their eligible employees and dependents, or deposit a certificate of deposit or securities, which complies with NRS 679B.175 and is in an amount as determined by the Commissioner.
Nev. Rev. Stat. § 689C.165 — NV Code / Title 57 / Chapter 689C / Section 689C.165
Carrier prohibited from modifying plan to restrict or exclude coverage or benefits for specific diseases, medical conditions or services otherwise covered by plan; exceptions
Status: in_force

Except as otherwise provided in NRS 689C.170 and 689C.180 , a carrier shall not modify a health benefit plan with respect to a small employer or any eligible employee or dependent of an eligible employee, through riders or endorsements, or otherwise, to restrict or exclude coverage or benefits for specific diseases, medical conditions or services otherwise covered by the plan.
Nev. Rev. Stat. § 685A.025 — NV Code / Title 57 / Chapter 685A / Section 685A.025
Applicability
Status: in_force

Except as otherwise provided in NRS 685A.020 , this chapter applies to nonadmitted insurance.
Nev. Rev. Stat. § 687B.390 — NV Code / Title 57 / Chapter 687B / Section 687B.390
Cancellation or nonrenewal of automobile liability insurance policy on sole basis of age, residence, race, color, creed, national origin, ancestry, sexual orientation, gender identity or expression or occupation of insured prohibited
Status: in_force

No insurer shall cancel or refuse to renew an automobile liability insurance policy solely because of the age, residence, race, color, creed, national origin, ancestry, sexual orientation, gender identity or expression or occupation of anyone who is an insured.
Nev. Rev. Stat. § 695C.160 — NV Code / Title 57 / Chapter 695C / Section 695C.160
Investments
Status: in_force

With the exception of investments made in accordance with subsections 1 and 2 of NRS 695C.120 and NRS 695C.130 , the investable funds of a health maintenance organization shall be invested only in securities or other investments permitted by the laws of this state for the investment of assets constituting the legal reserves of life insurance companies or such other securities or investments as the Commissioner may permit.
Nev. Rev. Stat. § 682A.199 — NV Code / Title 57 / Chapter 682A / Section 682A.199
“Series company” defined
Status: in_force

“ Series company ” means an investment company that is organized as a series company, as defined in 17 C.F.R. § 270.18f-2 .
Nev. Rev. Stat. § 683A.1823 — NV Code / Title 57 / Chapter 683A / Section 683A.1823
“Owner” defined
Status: in_force

“Owner” has the meaning ascribed to it in NRS 108.474 .
Nev. Rev. Stat. § 697.370 — NV Code / Title 57 / Chapter 697 / Section 697.370
Penalties
Status: in_force

1. The Commissioner may inform the appropriate district attorney of any violation of any provision of this chapter.

2. In addition to any other penalty provided in this chapter any person violating any provision of this chapter is guilty of a misdemeanor.
Nev. Rev. Stat. § 687B.882 — NV Code / Title 57 / Chapter 687B / Section 687B.882
Policy form for policy of stop-loss insurance for group health plan: Filing; approval; requirements
Status: in_force

A policy form for a policy of stop-loss insurance which is intended for issue in this State to cover losses of a group health plan must be filed with and approved by the Commissioner pursuant to NRS 687B.120 before being delivered or issued for delivery. In addition to any other applicable requirements, the policy form must satisfy the following requirements:

1. The policy of stop-loss insurance must be issued to and insure the sponsor of the group health plan or the group health plan itself and must not be issued to or insure: (a) Employees covered by the group health plan; (b) Members of the group health plan; or (c) Participants in the group health plan.

2. Payments by the insurer under the policy of stop-loss insurance must be made to the sponsor of the group health plan or the group health plan itself and must not be made to: (a) Employees covered by the group health plan; (b) Members of the group health plan; (c) Participants in the group health plan; (d) Providers of health care who provide health care services pursuant to the group health plan; or (e) A network whose providers of health care provide health care services pursuant to the group health plan.
Nev. Rev. Stat. § 690B.280 — NV Code / Title 57 / Chapter 690B / Section 690B.280
Disclosure to practitioner of reasons for higher premium
Status: in_force

If an insurer, for a policy of professional liability insurance for a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS , sets the premium for the policy for the practitioner at a rate that is higher than the standard rate of the insurer for the applicable type of policy and specialty of the practitioner, the insurer shall, upon the request of the practitioner, disclose the reasons the insurer set the premium for the policy at the higher rate.
Nev. Rev. Stat. § 689B.480 — NV Code / Title 57 / Chapter 689B / Section 689B.480
Determination of applicable creditable coverage of person; determination of period of creditable coverage of person; required statement
Status: in_force

1. In determining the applicable creditable coverage of a person for the purposes of NRS 689B.340 to 689B.580 , inclusive, a period of creditable coverage must not be included if, after the expiration of that period but before the enrollment date, there was a 63-day period during all of which the person was not covered under any creditable coverage. To establish a period of creditable coverage, a person must present any certificates of coverage provided to the person in accordance with NRS 689B.490 and such other evidence of coverage as required by regulations adopted by the Commissioner. For the purposes of this subsection, any waiting period for coverage or an affiliation period must not be considered in determining the applicable period of creditable coverage.

2. In determining the period of creditable coverage of a person, a carrier shall include each applicable period of creditable coverage without regard to the specific benefits covered during that period, except that the carrier may elect to include applicable periods of creditable coverage based on coverage of specific benefits as specified in the regulations of the United States Department of Health and Human Services, if such an election is made on a uniform basis for all participants and beneficiaries of the health benefit plan or coverage. Pursuant to such an election, the carrier shall include each applicable period of creditable coverage with respect to any class or category of benefits if any level of benefits is covered within that class or category, as specified by those regulations.

3. Regardless of whether coverage is actually provided, if a carrier elects in accordance with subsection 2 to determine creditable coverage based on specified benefits, a statement that such an election has been made and a description of the effect of the election must be: (a) Included prominently in any disclosure statement concerning the health benefit plan; and (b) Provided to each person at the time of enrollment in the health benefit plan.

4. The provisions of this section apply only to grandfathered plans.
Nev. Rev. Stat. § 679B.510 — NV Code / Title 57 / Chapter 679B / Section 679B.510
Definitions
Status: in_force

As used in NRS 679B.510 to 679B.560 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 679B.520 , 679B.530 and 679B.540 have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 688B.070 — NV Code / Title 57 / Chapter 688B / Section 688B.070
Additional provisions required in policy
Status: in_force

The group life insurance policy shall contain a provision:

1. That a copy of the application, if any, of the policyholder shall be attached to the policy when issued and become a part of the contract;

2. That all statements made by the policyholder or by the persons insured shall be deemed representations and not warranties; and

3. That no statement made by any person insured shall be used in any contest unless a copy of the instrument containing the statement is or has been furnished to such person or to the beneficiary of the person.
Nev. Rev. Stat. § 682A.412 — NV Code / Title 57 / Chapter 682A / Section 682A.412
Acquisition of equity interests generally permissible
Status: in_force

Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , an insurer may acquire equity interests in business entities organized in accordance with the laws of any domestic jurisdiction.
Nev. Rev. Stat. § 695D.250 — NV Code / Title 57 / Chapter 695D / Section 695D.250
Reserves: Maintenance; exception; held in fiduciary capacity; deposit; penalty for diversion or appropriation; regulations
Status: in_force

1. An organization for dental care shall set aside a reserve equal to 3 percent of the premiums collected from its members up to a total of $500,000. This reserve is in addition to the bond or deposit filed with the Commissioner.

2. This section does not apply to organizations receiving money from federal, state or municipal governments or their political subdivisions or another comparable resource which have had their deposit or bond reduced by the Commissioner.

3. Every organization shall maintain the reserves required by NRS 681B.080 , unless a larger amount is required by subsection 1 of this section.

4. The reserve required by subsection 1 is held by the organization in a fiduciary capacity. The organization must deposit the reserve in an interest-bearing trust account established in a bank, credit union, savings and loan association or savings bank in this state that is federally insured or insured by a private insurer approved pursuant to NRS 672.755 . The account must be separate from all other accounts maintained by the organization.

5. Any person who diverts or appropriates reserves held in a fiduciary capacity pursuant to this section for the person’s own use is guilty of embezzlement.

6. The Commissioner may adopt reasonable regulations related to the adequacy of a reserve required by this section and the establishment and maintenance of a trust account pursuant to this section.
Nev. Rev. Stat. § 687B.655 — NV Code / Title 57 / Chapter 687B / Section 687B.655
“Primary care physician” defined
Status: in_force

“Primary care physician” has the meaning ascribed to it in NRS 695G.060 .
Nev. Rev. Stat. § 689C.1688 — NV Code / Title 57 / Chapter 689C / Section 689C.1688
Coverage for biomarker testing for diagnosis, treatment, management and monitoring of cancer required in certain circumstances; establishment of process to request exception or appeal denial of coverage; time for responding to request for prior authorization
Status: in_force

1. Subject to the limitations prescribed by subsection 4, a carrier that issues a health benefit plan shall include in the plan coverage for medically necessary biomarker testing for the diagnosis, treatment, appropriate management and ongoing monitoring of cancer when such biomarker testing is supported by medical and scientific evidence. Such evidence includes, without limitation: (a) The labeled indications for a biomarker test or medication that has been approved or cleared by the United States Food and Drug Administration; (b) The indicated tests for a drug that has been approved by the United States Food and Drug Administration or the warnings and precautions included on the label of such a drug; (c) A national coverage determination or local coverage determination, as those terms are defined in 42 C.F.R. § 400.202 ; or (d) Nationally recognized clinical practice guidelines or consensus statements.

2. A carrier shall: (a) Provide the coverage required by subsection 1 in a manner that limits disruptions in care and the need for multiple specimens. (b) Establish a clear and readily accessible process for an insured or provider of health care to: (1) Request an exception to a policy excluding coverage for biomarker testing for the diagnosis, treatment, management or ongoing monitoring of cancer; or (2) Appeal a denial of coverage for such biomarker testing; and (c) Make the process described in paragraph (b) available on an Internet website maintained by the carrier.

3. If a carrier requires an insured to obtain prior authorization for a biomarker test described in subsection 1, the carrier shall respond to a request for such prior authorization: (a) Within 24 hours after receiving an urgent request; or (b) Within 72 hours after receiving any other request.

4. The provisions of this section do not require a carrier to provide coverage of biomarker testing: (a) For screening purposes; (b) Conducted by a provider of health care for whom the biomarker testing is not within his or her scope of practice, training and experience; (c) Conducted by a provider of health care or a facility that is not in the applicable network plan of the carrier; or (d) That has not been determined to be medically necessary by a provider of health care for whom such a determination is within his or her scope of practice, training and experience.

5. A health benefit plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after October 1, 2023, has the legal effect of including the coverage required by this section, and any provision of the plan or renewal which is in conflict with the provisions of this section is void.

6. As used in this section: (a) “ Biomarker ” means a characteristic that is objectively measured and evaluated as an indicator of a normal biological process, a pathogenic process or a pharmacological response to a specific therapeutic intervention and includes, without limitation: (1) An interaction between a gene and a drug that is being used by or considered for use by the patient; (2) A mutation or characteristic of a gene; and (3) The expression of a protein. (b) “ Biomarker testing ” means the analysis of the tissue, blood or other biospecimen of a patient for the presentation of a biomarker and includes, without limitation, single-analyte tests, multiplex panel tests and whole genome, whole exome and whole transcriptome sequencing. (c) “ Consensus statement ” means a statement aimed at a specific clinical circumstance that is: (1) Made for the purpose of optimizing the outcomes of clinical care; (2) Made by an independent, multidisciplinary panel of experts that has established a policy to avoid conflicts of interest; (3) Based on scientific evidence; and (4) Made using a transparent methodology and reporting procedure. (d) “ Medically necessary ” means health care services or products that a prudent provider of health care would provide to a patient to prevent, diagnose or treat an illness, injury or disease, or any symptoms thereof, that are necessary and: (1) Provided in accordance with generally accepted standards of medical practice; (2) Not primarily provided for the convenience of the patient or provider of health care; and (3) Significant in guiding and informing the provider of health care in providing the most appropriate course of treatment for the patient in order to prevent, delay or lessen the magnitude of an adverse health outcome. (e) “ Nationally recognized clinical practice guidelines ” means evidence-based guidelines establishing standards of care that include, without limitation, recommendations intended to optimize care of patients and are: (1) Informed by a systemic review of evidence and an assessment of the risks and benefits of alternative options for care; and (2) Developed using a transparent methodology and reporting procedure by an independent organization or society of medical professionals that has established a policy to avoid conflicts of interest. (f) “ Provider of health care ” has the meaning ascribed to it in NRS 629.031 .
Nev. Rev. Stat. § 691C.380 — NV Code / Title 57 / Chapter 691C / Section 691C.380
Transfers to unauthorized insurer
Status: in_force

1. Except as otherwise provided in subsection 2, an authorized insurer issuing credit personal property insurance may not enter into any agreement whereby the authorized insurer transfers, by reinsurance or otherwise, to an unauthorized insurer, as they relate to credit personal property insurance written or issued in this State: (a) A substantial portion of the risk of loss under the credit personal property insurance written by the authorized insurer in this State; (b) All of one or more kinds, lines, types or classes of credit personal property insurance; (c) All of the credit personal property insurance produced through one or more agents, agencies or creditors; (d) All of the credit personal property insurance written or issued in a designated geographical area; or (e) All of the credit personal property insurance under a policy of group insurance.

2. An authorized insurer may make the transfers listed in subsection 1 to an unauthorized insurer if the unauthorized insurer: (a) Maintains security on deposit with the Commissioner in an amount which when added to the actual capital and surplus of the insurer is equal to the capital and surplus required of an authorized stock insurer pursuant to NRS 680A.120 . The security may consist only of the following: (1) Cash. (2) General obligations of, or obligations guaranteed by, the Federal Government, this State or any of its political subdivisions. These obligations must be valued at the lower of market value or par value. (3) Any other type of security that would be acceptable if posted by a domestic or foreign insurer. (b) Files an annual statement with the Commissioner pursuant to NRS 680A.270 . (c) Maintains reserves on its credit personal property insurance business pursuant to NRS 681B.050 . (d) Values its assets and liabilities pursuant to NRS 681B.010 to 681B.040 , inclusive. (e) Agrees to examinations conducted by the Commissioner pursuant to NRS 679B.230 . (f) Complies with the standards adopted by the Commissioner pursuant to NRS 679A.150 . (g) Does not hold, issue or have an arrangement for holding or issuing any of its stock for which dividends are paid based on: (1) The experience of a specific risk of all of one or more kinds, lines, types or classes of insurance; (2) All of the business produced through one or more agents, agencies or creditors; (3) All of the business written in a designated geographical area; or (4) All of the business written for one or more forms of insurance.
Nev. Rev. Stat. § 695C.328 — NV Code / Title 57 / Chapter 695C / Section 695C.328
Disclosure of data relating to claims and costs prohibited; exceptions; penalties for unauthorized disclosure
Status: in_force

1. Except as otherwise provided in subsection 2: (a) A person responsible for overseeing a health care plan for a group purchaser shall not disclose data made available to the person pursuant to NRS 695C.326 to any other person except for a person responsible for making decisions about the health care plan. (b) A person responsible for making decisions about a health care plan for a group purchaser shall not further disclose data disclosed to the person pursuant to paragraph (a) to any other person except for another person responsible for making decisions about the health care plan.

2. A person described in subsection 1 may disclose data made available to the person pursuant to that subsection or NRS 695C.326 to another person not described in that subsection if: (a) The health maintenance organization that provided the data agrees to the disclosure; or (b) The disclosure is ordered by a court of competent jurisdiction.

3. Except as otherwise provided in subsections 4 to 7, inclusive, the Commissioner shall impose against any person who violates the requirements of this section: (a) If the person did not know of the violation and would not have known about the violation if he or she had exercised reasonable diligence, an administrative penalty of not less than $100 and not more than $50,000 per violation. (b) If the person knew of the violation or should have known about the violation if he or she had exercised reasonable diligence but the violation is not due to willful neglect, an administrative penalty of not less than $1,000 and not more than $50,000 per violation. (c) If the violation is due to willful neglect, an administrative penalty of $50,000 per violation.

4. If a person who violates the requirements of this section corrects the violation not later than 30 days after the person knew of the violation or should have known of the violation if he or she had exercised reasonable diligence, or another date determined by the Commissioner, the Commissioner: (a) Shall not impose an administrative penalty if the violation is not due to willful neglect. (b) Except as otherwise provided in subsection 5, shall impose an administrative penalty of not less than $10,000 and not more than $50,000 per violation if the violation is due to willful neglect.

5. Administrative penalties imposed pursuant to this section against a person must not exceed $1,500,000 in a calendar year.

6. The Commissioner: (a) Shall make a determination of the amount of an administrative penalty imposed pursuant to this section based upon the nature and extent of the violation and the harm resulting from the violation; and (b) May reduce any administrative penalty imposed for a violation of the requirements of this section, other than a violation due to willful neglect, if the Commissioner determines that the amount prescribed by subsection 3 is excessive.

7. The Commissioner shall not impose an administrative penalty for a violation for which a penalty has been imposed pursuant to subsection 8.

8. Any person who knowingly violates the requirements of this section: (a) Except as otherwise provided in paragraphs (b) and (c), is guilty of a gross misdemeanor and may be fined not more than $50,000. (b) If the violation is committed under false pretenses, is guilty of a category C felony and shall be punished as provided in NRS 193.130 , and may be further punished by a fine of not more than $100,000. (c) If the violation is committed with intent to sell, transfer or use the data for commercial advantage, personal gain or malicious harm, is guilty of a category B felony and shall be punished by imprisonment in the state prison for a minimum term of not less than 1 year and a maximum term of not more than 10 years, and may be further punished by a fine of not more than $250,000.
Nev. Rev. Stat. § 680A.175 — NV Code / Title 57 / Chapter 680A / Section 680A.175
Transfer of insurer's domicile: Termination of status as domestic insurer; qualification as foreign insurer
Status: in_force

1. If a domestic insurer transfers its domicile to another state, it ceases to be a domestic insurer.

2. The Commissioner shall issue to such an insurer a certificate of authority to transact insurance as a foreign insurer if: (a) The insurer qualifies as a foreign insurer; and (b) Such certification is in the best interest of the policyholders of this state.
Nev. Rev. Stat. § 689A.0487 — NV Code / Title 57 / Chapter 689A / Section 689A.0487
Treatment by licensed podiatrist
Status: in_force

1. If any policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of practice of a qualified podiatrist, the insured is entitled to reimbursement for treatments by a podiatrist who is licensed pursuant to chapter 635 of NRS .

2. The terms of the policy must not limit: (a) Coverage for treatments by a podiatrist to a number less than for treatments by other physicians. (b) Reimbursement for treatments by a podiatrist to an amount less than that reimbursed for similar treatments by other physicians.
Nev. Rev. Stat. § 695A.255 — NV Code / Title 57 / Chapter 695A / Section 695A.255
Benefit contract covering prescription drugs: Provision of notice and information regarding use of formulary
Status: in_force

1. A society that offers or issues a benefit contract which provides coverage for prescription drugs shall include with any certificate for such a contract provided to a benefit member, notice of whether a formulary is used and, if so, of the opportunity to secure information regarding the formulary from the society pursuant to subsection 2. The notice required by this subsection must: (a) Be in a language that is easily understood and in a format that is easy to understand; (b) Include an explanation of what a formulary is; and (c) If a formulary is used, include: (1) An explanation of: (I) How often the contents of the formulary are reviewed; and (II) The procedure and criteria for determining which prescription drugs are included in and excluded from the formulary; and (2) The telephone number of the society for making a request for information regarding the formulary pursuant to subsection 2.

2. If a society offers or issues a benefit contract which provides coverage for prescription drugs and a formulary is used, the society shall: (a) Provide to any insured or participating provider of health care, upon request: (1) Information regarding whether a specific drug is included in the formulary. (2) Access to the most current list of prescription drugs in the formulary, organized by major therapeutic category, with an indication of whether any listed drugs are preferred over other listed drugs. If more than one formulary is maintained, the society shall notify the requester that a choice of formulary lists is available. (b) Notify each person who requests information regarding the formulary, that the inclusion of a drug in the formulary does not guarantee that a provider of health care will prescribe that drug for a particular medical condition.
Nev. Rev. Stat. § 692C.230 — NV Code / Title 57 / Chapter 692C / Section 692C.230
Exemptions
Status: in_force

The provisions of NRS 692C.180 to 692C.250 , inclusive, do not apply to:

1. A transaction which is subject to the provisions of NRS 693A.290 to 693A.370 , inclusive, dealing with the merger or consolidation of two or more insurers.

2. Any offer, request, invitation, agreement or acquisition which the Commissioner by order exempts therefrom as not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer, or as otherwise not comprehended within the purposes of NRS 692C.180 to 692C.250 , inclusive.
Nev. Rev. Stat. § 687A.103 — NV Code / Title 57 / Chapter 687A / Section 687A.103
Reimbursement of Association by insolvent insurer
Status: in_force

If the Association pays any claims on behalf of an insurer which is an insolvent insurer within the meaning of subsection 2 of NRS 687A.035 , the insurer may not accept any new business in this state until it has reimbursed the Association for the payment of the claims, including the administrative expenses incurred by the Association in acting upon and paying the claims.
Nev. Rev. Stat. § 696B.070 — NV Code / Title 57 / Chapter 696B / Section 696B.070
“Domiciliary state” defined
Status: in_force

“ Domiciliary state ” means the state in which an insurer is incorporated or organized or, as to an alien insurer, the state in which at the commencement of delinquency proceedings the larger amount of the insurer's assets are held in trust or on deposit for the benefit of policyholders and creditors in the United States of America.
Nev. Rev. Stat. § 692C.367 — NV Code / Title 57 / Chapter 692C / Section 692C.367
Insurer prohibited from entering into separate transactions with affiliate with intent to avoid review; review of transactions by Commissioner; insurer required to notify Commissioner of large investment in corporation
Status: in_force

1. A domestic insurer may not intentionally enter into transactions which are part of a plan or series of like transactions with affiliates if the purpose of those separate transactions is to avoid the threshold provided in NRS 692C.363 and thus avoid the review that would otherwise occur. If the Commissioner determines that such separate transactions were entered into over any 12-month period for that purpose, the Commissioner may exercise his or her authority pursuant to NRS 692C.410 to 692C.490 , inclusive.

2. The Commissioner, in reviewing transactions pursuant to this section and NRS 692C.363 , shall consider whether the transactions comply with the standards set forth in NRS 692C.360 and 692C.370 and whether the transactions may adversely affect the interests of policyholders.

3. A domestic insurer shall notify the Commissioner within 30 days after it makes an investment in any corporation if the total investment in that corporation by it and its affiliates exceeds 10 percent of the corporation's voting securities.
Nev. Rev. Stat. § 691D.100 — NV Code / Title 57 / Chapter 691D / Section 691D.100
“Warranty” defined
Status: in_force

“ Warranty ” means a warranty provided solely by a manufacturer, importer or seller of goods for which the manufacturer, importer or seller did not receive separate consideration and that:

1. Is not negotiated or separated from the sale of the goods;

2. Is incidental to the sale of the goods; and

3. Guarantees to indemnify the consumer for defective parts, mechanical or electrical failure, labor or other remedial measures required to repair or replace the goods.
Nev. Rev. Stat. § 695B.1927 — NV Code / Title 57 / Chapter 695B / Section 695B.1927
Required provision in contract covering hospital, medical or surgical expenses concerning coverage for management and treatment of diabetes
Status: in_force

1. No contract for hospital or medical service that provides coverage for hospital, medical or surgical expenses may be delivered or issued for delivery in this state unless the contract includes coverage for the management and treatment of diabetes, including, without limitation, coverage for the self-management of diabetes.

2. An insurer who delivers or issues for delivery a contract specified in subsection 1: (a) Shall include in any disclosure of the coverage provided by the contract notice to each policyholder or subscriber covered under the contract of the availability of the benefits required by this section. (b) Shall 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 contract.

3. A contract for hospital or medical service subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after January 1, 1998, has the legal effect of including the coverage required by this section, and any provision of the contract that conflicts with this section is void.

4. As used in this section: (a) “ Coverage for the management and treatment of diabetes ” includes coverage for medication, equipment, supplies and appliances that are medically necessary for the treatment of diabetes. (b) “ Coverage for the self-management of diabetes ” includes: (1) The training and education provided to a person covered under the contract after the person is initially diagnosed with diabetes which is medically necessary for the care and management of diabetes, including, without limitation, counseling in nutrition and the proper use of equipment and supplies for the treatment of diabetes; (2) Training and education which is medically necessary as a result of a subsequent diagnosis that indicates a significant change in the symptoms or condition of the person covered under the contract and which requires modification of the person's program of self-management of diabetes; and (3) Training and education which is medically necessary because of the development of new techniques and treatment for diabetes. (c) “ Diabetes ” includes type I, type II and gestational diabetes.
Nev. Rev. Stat. § 682A.207 — NV Code / Title 57 / Chapter 682A / Section 682A.207
“State” defined
Status: in_force

“ State ” means a state, territory or possession of the United States, the District of Columbia or the Commonwealth of Puerto Rico.
Nev. Rev. Stat. § 689A.041 — NV Code / Title 57 / Chapter 689A / Section 689A.041
Coverage relating to mastectomy required in policy covering mastectomies; prohibited acts
Status: in_force

1. A policy of health insurance which provides coverage for the surgical procedure known as a mastectomy must also provide commensurate coverage for: (a) Reconstruction of the breast on which the mastectomy has been performed; (b) Surgery and reconstruction of the other breast to produce a symmetrical structure; and (c) Prostheses and physical complications for all stages of mastectomy, including lymphedemas.

2. The provision of services must be determined by the attending physician and the patient.

3. The plan or issuer may require deductibles and coinsurance payments if they are consistent with those established for other benefits.

4. Written notice of the availability of the coverage must be given upon enrollment and annually thereafter. The notice must be sent to all participants: (a) In the next mailing made by the plan or issuer to the participant or beneficiary; or (b) As part of any annual information packet sent to the participant or beneficiary, whichever is earlier.

5. A plan or issuer may not: (a) Deny eligibility, or continued eligibility, to enroll or renew coverage, in order to avoid the requirements of subsections 1 to 4, inclusive; or (b) Penalize, or limit reimbursement to, a provider of care, or provide incentives to a provider of care, in order to induce the provider not to provide the care listed in subsections 1 to 4, inclusive.

6. A plan or issuer may negotiate rates of reimbursement with providers of care.

7. If reconstructive surgery is begun within 3 years after a mastectomy, the amount of the benefits for that surgery must equal the amounts provided for in the policy at the time of the mastectomy. If the surgery is begun more than 3 years after the mastectomy, the benefits provided are subject to all of the terms, conditions and exclusions contained in the policy at the time of the reconstructive surgery.

8. A policy subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after October 1, 2001, has the legal effect of including the coverage required by this section, and any provision of the policy or the renewal which is in conflict with this section is void.

9. For the purposes of this section, “ reconstructive surgery ” means a surgical procedure performed following a mastectomy on one breast or both breasts to re-establish symmetry between the two breasts. The term includes augmentation mammoplasty, reduction mammoplasty and mastopexy.
Nev. Rev. Stat. § 695F.360 — NV Code / Title 57 / Chapter 695F / Section 695F.360
Violations of chapter: Order to cease and desist; fine
Status: in_force

If the Commissioner, after a hearing held pursuant to NRS 695F.140 , finds that a prepaid limited health service organization or other person subject to this chapter has violated a provision of this chapter, the Commissioner may:

1. Issue and cause to be served upon the organization or any other person charged with a violation of this chapter, a copy of the findings of the Commissioner and an order directing the organization or person to cease and desist from engaging in the act or practice which constitutes the violation; and

2. Impose a fine of not more than $1,000 for each violation, not to exceed a total amount of $10,000.
Nev. Rev. Stat. § 696A.250 — NV Code / Title 57 / Chapter 696A / Section 696A.250
License: Required to act as club agent
Status: in_force

No person shall act as a club agent in this state without first procuring a license so to act from the Commissioner.
Nev. Rev. Stat. § 695K.230 — NV Code / Title 57 / Chapter 695K / Section 695K.230
Duties of certain providers of health care; exception
Status: in_force

<Section effective Jan. 1, 2026.>

1. Except as otherwise provided in subsection 2, each provider of health care who participates in the Public Employees' Benefits Program established pursuant to subsection 1 of NRS 287.043 or the Medicaid program, or who provides care to an injured employee pursuant to the provisions of chapters 616A to 616D, inclusive, or chapter 617 of NRS , shall: (a) Enroll as a participating provider in at least one network of providers established for the Public Option; and (b) Accept new patients who are enrolled in the Public Option to the same extent as the provider or facility accepts new patients who are not enrolled in the Public Option.

2. The Director and the Executive Officer of the Public Employees' Benefits Program may waive the requirements of subsection 1 when necessary to ensure that recipients of Medicaid and officers, employees and retirees of this State who receive benefits under the Public Employees' Benefits Program have sufficient access to covered services.
Nev. Rev. Stat. § 685A.050 — NV Code / Title 57 / Chapter 685A / Section 685A.050
Broker's report
Status: in_force

1. At the time of effecting any surplus lines insurance for which this State is the home state, the broker shall, within 90 days after such insurance is so effected, submit a report, in the form prescribed or accepted by the Commissioner, setting forth facts from which it can be determined whether such insurance is eligible for export under NRS 685A.040 .

2. The broker shall keep in his or her office the report prepared pursuant to subsection 1 along with the report of coverage and any other information the Commissioner requires.

3. The report prepared pursuant to subsection 1 must not be removed from the office of the broker and must be open to examination by the Commissioner or a representative of the Commissioner at all times within 5 years after issuance of the coverage to which it relates.
Nev. Rev. Stat. § 689B.039 — NV Code / Title 57 / Chapter 689B / Section 689B.039
Reimbursement for treatments by chiropractic physician
Status: in_force

1. If any group policy of health insurance provides coverage for treatment of an illness which is within the authorized scope of practice of a qualified chiropractic physician, the insured is entitled to reimbursement for treatments by a chiropractic physician who is licensed pursuant to chapter 634 of NRS .

2. The terms of the policy must not limit: (a) Coverage for treatments by a chiropractic physician to a number less than for treatments by other physicians. (b) Reimbursement for treatments by a chiropractic physician to an amount less than that charged for similar treatments by other physicians.
Nev. Rev. Stat. § 688B.010 — NV Code / Title 57 / Chapter 688B / Section 688B.010
Short title; scope
Status: in_force

1. This chapter may be known and cited as the Group Life Insurance Law.

2. This chapter applies only to group life insurance and wholesale life insurance.

3. This chapter does not apply to any group life insurance contract entered into or issued prior to January 1, 1972, or to any extensions, renewals or modifications thereof or amendments thereto whenever made.
Nev. Rev. Stat. § 695B.193 — NV Code / Title 57 / Chapter 695B / Section 695B.193
Contract covering family member of subscriber required to include certain coverage for subscriber’s newly born and adopted children and children placed with subscriber for adoption
Status: in_force

1. All individual and group service or indemnity-type contracts issued by a nonprofit corporation which provide coverage for a family member of the subscriber must as to such coverage provide that the health benefits applicable for children are payable with respect to: (a) A newly born child of the subscriber from the moment of birth; (b) An adopted child from the date the adoption becomes effective, if the child was not placed in the home before adoption; and (c) A child placed with the subscriber for the purpose of adoption from the moment of placement as certified by the public or private agency making the placement. The coverage of such a child ceases if the adoption proceedings are terminated as certified by the public or private agency making the placement. The contracts must provide the coverage specified in subsection 3, and must not exclude premature births.

2. The contract may require that notification of: (a) The birth of a newly born child; (b) The effective date of adoption of a child; or (c) The date of placement of a child for adoption, and payments of the required fees, if any, must be furnished to the nonprofit service corporation within 31 days after the date of birth, adoption or placement for adoption in order to have the coverage continue beyond the 31-day period.

3. The coverage for newly born and adopted children and children placed for adoption consists of coverage of injury or sickness, including the necessary care and treatment of medically diagnosed congenital defects and birth abnormalities and, within the limits of the policy, necessary transportation costs from place of birth to the nearest specialized treatment center under major medical policies, and with respect to basic policies to the extent such costs are charged by the treatment center.

4. For covered services provided to the child, the corporation shall reimburse noncontracted providers of health care to an amount equal to the average amount of payment for which the organization has agreements, contracts or arrangements for those covered services.
Nev. Rev. Stat. § 679B.140 — NV Code / Title 57 / Chapter 679B / Section 679B.140
Orders and notices: Effectivity; contents of orders; methods of provision
Status: in_force

1. Orders and notices of the Commissioner are effective only when in writing signed by the Commissioner or by the authority of the Commissioner.

2. Except as otherwise expressly provided by law as to particular orders, every order of the Commissioner must state its effective date, and concisely state: (a) Its intent or purpose; (b) The grounds on which it is based; and (c) The provisions of this Code pursuant to which action is taken or proposed to be taken but failure to so designate a particular provision does not deprive the Commissioner of the right to rely thereon.

3. Except as otherwise provided as to particular procedures, an order or notice may be given by delivery to the person to be ordered or notified, or by mailing it, postage prepaid, addressed to that person at his or her principal place of business or residence as last of record in the Division. The order or notice shall be deemed to have been given when deposited with the United States Postal Service, and of which the affidavit of the person who so mailed the order or notice is prima facie evidence.
Nev. Rev. Stat. § 686A.460 — NV Code / Title 57 / Chapter 686A / Section 686A.460
Cancellation of insurance policy listed in agreement containing power of attorney enabling cancellation by company
Status: in_force

1. When an agreement contains a power of attorney enabling the company, in the name of the insured, to cancel any insurance policy listed in the agreement, the insurance policy must not be cancelled by the company unless it is cancelled in accordance with this section.

2. A company shall mail written notice of its intent to cancel an insurance policy because of a default in payment under an agreement to the insured at the last known address of the insured as indicated in the records of the company and to the agent who submitted the agreement at least 10 days before the cancellation. If the default is cured within this 10-day period, the company shall not cancel the insurance policy.

3. If the default is not cured within the 10-day period, the company may cancel the policy if it mails to the insured at the last known address of the insured as indicated in the records of the company and to the insurer a notice of cancellation which must include the effective date of cancellation. The policy must be cancelled as if the notice of cancellation had been submitted by the insured, but without requiring the return of the policy.

4. No insurance policy may be cancelled for nonpayment of a charge for a late payment.

5. This section does not authorize the cancellation of an insurance policy without giving any other notice required by law or satisfying other conditions for cancellation.

6. A company shall not impose or collect a fee for the cancellation of a policy or agreement.
Nev. Rev. Stat. § 683A.221 — NV Code / Title 57 / Chapter 683A / Section 683A.221
Employee of short-term lessor of vehicles exempt from licensing under certain circumstances
Status: in_force

If a short-term lessor of vehicles licensed pursuant to NRS 482.363 holds a limited license as a producer of insurance issued pursuant to NRS 683A.271 , an employee of the short-term lessor may engage in the solicitation and sale of insurance requested by a lessee pursuant to NRS 482.3158 without a license issued pursuant to this chapter if the solicitation and sale of such insurance is done on behalf of, and under the supervision of, the short-term lessor.
Nev. Rev. Stat. § 695C.171 — NV Code / Title 57 / Chapter 695C / Section 695C.171
Required provision in plan covering mastectomies concerning coverage relating to mastectomy; prohibited acts
Status: in_force

1. A health maintenance plan which provides coverage for the surgical procedure known as a mastectomy must also provide commensurate coverage for: (a) Reconstruction of the breast on which the mastectomy has been performed; (b) Surgery and reconstruction of the other breast to produce a symmetrical structure; and (c) Prostheses and physical complications for all stages of mastectomy, including lymphedemas.

2. The provision of services must be determined by the attending physician and the patient.

3. The plan or issuer may require deductibles and coinsurance payments if they are consistent with those established for other benefits.

4. Written notice of the availability of the coverage must be given upon enrollment and annually thereafter. The notice must be sent to all participants: (a) In the next mailing made by the plan or issuer to the participant or beneficiary; or (b) As part of any annual information packet sent to the participant or beneficiary, whichever is earlier.

5. A plan or issuer may not: (a) Deny eligibility, or continued eligibility, to enroll or renew coverage, in order to avoid the requirements of subsections 1 to 4, inclusive; or (b) Penalize, or limit reimbursement to, a provider of care, or provide incentives to a provider of care, in order to induce the provider not to provide the care listed in subsections 1 to 4, inclusive.

6. A plan or issuer may negotiate rates of reimbursement with providers of care.

7. If reconstructive surgery is begun within 3 years after a mastectomy, the amount of the benefits for that surgery must equal those amounts provided for in the policy at the time of the mastectomy. If the surgery is begun more than 3 years after the mastectomy, the benefits provided are subject to all of the terms, conditions and exclusions contained in the policy at the time of the reconstructive surgery.

8. A policy subject to the provisions of this chapter which is delivered, issued for delivery or renewed on or after October 1, 2001, has the legal effect of including the coverage required by this section, and any provision of the policy or the renewal which is in conflict with this section is void.

9. For the purposes of this section, “ reconstructive surgery ” means a surgical procedure performed following a mastectomy on one breast or both breasts to re-establish symmetry between the two breasts. The term includes, but is not limited to, augmentation mammoplasty, reduction mammoplasty and mastopexy.
Nev. Rev. Stat. § 695C.1712 — NV Code / Title 57 / Chapter 695C / Section 695C.1712
Health care plan covering maternity care: Prohibited acts by organization if enrollee is acting as gestational carrier; child deemed child of intended parent for purposes of plan
Status: in_force

1. A health maintenance organization that offers or issues a health care plan that includes coverage for maternity care shall not deny, limit or seek reimbursement for maternity care because the enrollee is acting as a gestational carrier.

2. If an enrollee acts as a gestational carrier, the child shall be deemed to be a child of the intended parent, as defined in NRS 126.590 , for purposes related to the health care plan.

3. As used in this section, “ gestational carrier ” has the meaning ascribed to it in NRS 126.580 .
Nev. Rev. Stat. § 689A.630 — NV Code / Title 57 / Chapter 689A / Section 689A.630
Requirement to renew coverage at option of individual; exceptions; discontinuation of product; discontinuation of health benefit plan available through bona fide association
Status: in_force

1. Except as otherwise provided in this section, coverage under an individual health benefit plan must be renewed by the individual carrier that issued the plan, at the option of the individual, unless: (a) The individual has failed to pay premiums or contributions in accordance with the terms of the health benefit plan or the individual carrier has not received timely premium payments. (b) The individual has performed an act or a practice that constitutes fraud or has made an intentional misrepresentation of material fact under the terms of the coverage. (c) The individual carrier decides to discontinue offering and renewing all health benefit plans delivered or issued for delivery in this state. If the individual carrier decides to discontinue offering and renewing such plans, the individual carrier shall: (1) Provide notice of its intention to the Commissioner and the chief regulatory officer for insurance in each state in which the individual carrier is licensed to transact insurance at least 60 days before the date on which notice of cancellation or nonrenewal is delivered or mailed to the persons covered by the insurance to be discontinued pursuant to subparagraph (2). (2) Provide notice of its intention to all persons covered by the discontinued insurance and to the Commissioner and the chief regulatory officer for insurance in each state in which such a person is known to reside. The notice must be made at least 180 days before the nonrenewal of any health benefit plan by the individual carrier. (3) Discontinue all health insurance issued or delivered for issuance for individuals in this state and not renew coverage under any health benefit plan issued to such individuals. (d) The Commissioner finds that the continuation of the coverage in this state by the individual carrier would not be in the best interests of the policyholders or certificate holders of the individual carrier or would impair the ability of the individual carrier to meet its contractual obligations. If the Commissioner makes such a finding, the Commissioner shall assist the persons covered by the discontinued insurance in this state in finding replacement coverage.

2. An individual carrier may discontinue a product pursuant to this subsection only if: (a) The individual carrier notifies the Commissioner of its decision pursuant to this subsection to discontinue the product at least 60 days before the individual carrier notifies the persons covered by the discontinued product pursuant to paragraph (b). (b) The individual carrier notifies each person covered by the discontinued product of the decision of the individual carrier to discontinue offering the product. The notice must be made to persons covered by the discontinued product at least 90 days before the date on which the individual carrier will discontinue offering the product. (c) The individual carrier offers to each person covered by the discontinued product the option to purchase any other health benefit plan currently offered by the individual carrier to individuals in this state. (d) In exercising the option to discontinue the product and in offering the option to purchase other coverage pursuant to paragraph (c), the individual carrier acts uniformly without regard to the claim experience of the persons covered by the discontinued product or any health status-related factor relating to those persons or beneficiaries covered by the discontinued product or any persons or beneficiaries who may become eligible for such coverage.

3. An individual carrier may discontinue the issuance and renewal of a health benefit plan that is made available to individuals pursuant to this chapter only through a bona fide association if: (a) The membership of the individual in the association was the basis for the provision of coverage; (b) The membership of the individual in the association ceases; and (c) The coverage is terminated pursuant to this subsection uniformly without regard to any health status-related factor relating to the covered individual.

4. An individual carrier that elects not to renew a health benefit plan pursuant to paragraph (c) of subsection 1 shall not write new business for individuals pursuant to this chapter for 5 years after the date on which notice is provided to the Commissioner pursuant to subparagraph (2) of paragraph (c) of subsection 1.

5. If an individual carrier does business in only one geographic service area of this state, the provisions of this section apply only to the operations of the individual carrier in that service area.
Nev. Rev. Stat. § 696B.280 — NV Code / Title 57 / Chapter 696B / Section 696B.280
Uniform Insurers Liquidation Act and Insurer Receivership Model Act: Composition; severability; interpretation
Status: in_force

1. This section, NRS 696B.030 to 696B.180 , inclusive, (definitions) and NRS 696B.290 to 696B.340 , inclusive, comprise the Uniform Insurers Liquidation Act 1 and the Insurer Receivership Model Act.

2. If any provision of the NAIC Acts or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of the NAIC Acts which can be given effect without the invalid provision or application, and to this end the provisions of the NAIC Acts are declared to be severable.

3. The NAIC Acts shall be so interpreted as to effectuate the general purpose to make uniform the laws of those states which enact the Uniform Insurers Liquidation Act or the Insurer Receivership Model Act. To the extent that the provisions of the NAIC Acts, when applicable, conflict with other provisions of this Code, the provisions of the NAIC Acts shall control.

4. As used in this section, “ NAIC Acts ” means this section, NRS 696B.030 to 696B.180 , inclusive, and NRS 696B.290 to 696B.340 , inclusive.

1 The Uniform Insurers Liquidation Act (1939) was withdrawn from recommendation for enactment by the National Conference of Commissioners on Uniform State Laws in 1981 due to obsolescence.
Nev. Rev. Stat. § 695B.260 — NV Code / Title 57 / Chapter 695B / Section 695B.260
Suspension or revocation of permission to provide coverage before approval of forms
Status: in_force

The Commissioner may suspend or revoke the permission granted by NRS 695B.240 if, after notice and hearing, the Commissioner finds that the corporation has:

1. Misrepresented the conditional nature of the coverage.

2. Neglected or refused either to cancel or otherwise terminate such coverage within the time required by such section.

3. Delivered any such memorandum which did not comply with such section.

4. Shown a lack of diligence in making revisions in the contract or certificate necessary to obtain its approval by the Commissioner.

5. Failed so often in so many important respects in drafting any such contract or certificate to conform to the applicable requirements of the insurance laws that a conclusion of lack of good faith or competency in drafting is reasonably justified.

6. Circulated announcements of coverage to individual subscribers which failed to advise them of the conditional nature of the coverage.

7. In any other manner so negligently or carelessly handled the effecting of group hospital or group medical or dental service coverage under NRS 695B.240 or the administration thereof that the subscriber or the persons covered by the contract or certificate have been misled or exposed to the danger of loss.
Nev. Rev. Stat. § 683A.0877 — NV Code / Title 57 / Chapter 683A / Section 683A.0877
Certain charges and premiums collected or received held in fiduciary capacity; remittance or deposit of money in fiduciary accounts; withdrawals from and records relating to fiduciary accounts
Status: in_force

1. All insurance charges and premiums collected by an administrator on behalf of an insurer and return premiums received from an insurer are held by the administrator in a fiduciary capacity.

2. Money must be remitted within 15 days to the person or persons entitled to it, or be deposited within 15 days in one or more fiduciary accounts established and maintained by the administrator in a bank, credit union or other financial institution in this state. The fiduciary accounts must be separate from the personal or business accounts of the administrator.

3. If charges or premiums deposited in an account have been collected for or on behalf of more than one insurer, the administrator shall cause the bank, credit union or other financial institution where the fiduciary account is maintained to record clearly the deposits and withdrawals from the account on behalf of each insurer.

4. The administrator shall promptly obtain and keep copies of the records of each fiduciary account and shall furnish any insurer with copies of the records which pertain to him or her upon demand of the insurer.

5. The administrator shall not pay any claim by withdrawing money from his or her fiduciary account in which premiums or charges are deposited.

6. Withdrawals must be made as provided in the agreement between the insurer and the administrator for: (a) Remittance to the insurer. (b) Deposit in an account maintained in the name of the insurer. (c) Transfer to and deposit in an account for the payment of claims. (d) Payment to a group policyholder for remittance to the insurer entitled to the money. (e) Payment to the administrator of the commission, fees or charges of the administrator. (f) Remittance of return premiums to persons entitled to them.

7. The administrator shall maintain copies of all records relating to deposits or withdrawals and, upon the request of an insurer, provide the insurer with copies of those records.
Nev. Rev. Stat. § 691E.330 — NV Code / Title 57 / Chapter 691E / Section 691E.330
Applicability of certain provisions relating to trade practices to producers of limited lines travel insurance and travel retailers
Status: in_force

A producer of limited lines travel insurance and each travel retailer who offers or disseminates travel insurance under the license of a producer of limited lines travel insurance is subject to the provisions of NRS 683A.451 to 683A.520 , inclusive, and chapter 686A of NRS .
Nev. Rev. Stat. § 689B.500 — NV Code / Title 57 / Chapter 689B / Section 689B.500
Carrier required to offer and issue plan regardless of health status of members; prohibited acts; authority to include wellness program in plan that offers discounts based on health status under certain circumstances
Status: in_force

1. A carrier shall offer and issue a health benefit plan to any group regardless of the health status of the group, any member of the group or any dependent of a member of the group. Such health status includes, without limitation: (a) Any preexisting medical condition of a person, including, without limitation, any physical or mental illness; (b) The claims history of an insured, including, without limitation, any prior health care services received by the insured; (c) Genetic information relating to the insured; and (d) Any increased risk for illness, injury or any other medical condition of the insured, including, without limitation, any medical condition caused by an act of domestic violence.

2. A carrier that offers or issues a health benefit plan shall not: (a) Deny, limit or exclude a covered benefit based on the health status of an insured; or (b) Require an insured, as a condition of enrollment or renewal, to pay a premium, deductible, copay or coinsurance based on his or her health status which is greater than the premium, deductible, copay or coinsurance charged to a similarly situated insured who does not have such a health status.

3. A carrier that offers or issues a health benefit plan shall not adjust a premium, deductible, copay or coinsurance for any insured on the basis of genetic information relating to the insured or the covered dependent of the insured.

4. A carrier that offers or issues a health benefit plan may include in the plan a wellness program that reduces a premium, deductible or copayment based on health status if: (a) An insured who is eligible to participate in the wellness program is given the opportunity to qualify for the discount at least once each year; (b) The amount of all discounts provided pursuant to such a wellness program does not exceed 30 percent, or if the program is designed to prevent or reduce tobacco use, 50 percent, of the cost of coverage for an insured or an insured and his or her dependents, as applicable, under the plan; (c) The wellness program is reasonably designed to promote health or prevent disease; (d) The carrier ensures that the full discount under the wellness program is available to all similarly situated insureds by providing a reasonable alternative standard by which an insured may qualify for the discount which, if based on health status, must accommodate the recommendations of the physician of the insured; and (e) The plan discloses in all plan materials describing the terms of the wellness program, and in any disclosure that an insured did not satisfy the initial standard to be eligible for the discount, the availability of a reasonable alternative standard described in paragraph (d).

5. As used in this section, “health benefit plan” has the meaning ascribed to it in NRS 687B.470 .
Nev. Rev. Stat. § 695B.370 — NV Code / Title 57 / Chapter 695B / Section 695B.370
Corporation required to authorize enrollment of child of parent who is required by order to provide medical coverage under certain circumstances; termination of coverage of child
Status: in_force

If a parent is required by an order for medical coverage to provide coverage for a child and the parent is eligible for family coverage under a contract, the corporation that issued the contract:

1. Shall, if the child is otherwise eligible for that coverage, allow the parent to enroll the child in that coverage without regard to any restrictions upon periods for enrollment.

2. Shall, if: (a) The child is otherwise eligible for that coverage; and (b) The parent is enrolled in that coverage but fails to apply for enrollment of the child, enroll the child in that coverage upon application by the other parent of the child, or by an agency of this or another state responsible for the administration of Medicaid or a state program for the enforcement of child support established pursuant to 42 U.S.C. §§ 651 et seq., without regard to any restrictions upon periods for enrollment.

3. Shall not terminate the enrollment of the child in that coverage or otherwise eliminate that coverage of the child unless the corporation has written proof that: (a) The order for medical coverage is no longer in effect; or (b) The child is or will be enrolled in comparable coverage through another insurer on or before the effective date of the termination of enrollment or elimination of coverage.
Nev. Rev. Stat. § 686A.335 — NV Code / Title 57 / Chapter 686A / Section 686A.335
Applicability of chapter 696B of NRS
Status: in_force

1. A company is subject to the provisions of chapter 696B of NRS .

2. For the purposes of chapter 696B of NRS , a company shall be deemed to be an insurer.
Nev. Rev. Stat. § 689C.047 — NV Code / Title 57 / Chapter 689C / Section 689C.047
“Control” defined
Status: in_force

“Control” has the meaning ascribed to it in NRS 692C.050 .
Nev. Rev. Stat. § 681B.300 — NV Code / Title 57 / Chapter 681B / Section 681B.300
Valuation Manual : Applicability; operative date; notice by Commissioner of operative date; effective date of changes; required content; authority of Commissioner to adopt provisions by regulation to replace missing or noncompliant content; authority of Commissioner to engage actuary; authority of Commissioner to enforce compliance; applicability
Status: in_force

1. For policies issued on or after the operative date of the Valuation Manual , the standard prescribed in the Valuation Manual is the minimum standard of valuation required under NRS 681B.330 , except as otherwise provided in subsection 6 or 8.

2. The operative date of the Valuation Manual is January 1 of the first calendar year following the first July 1 as of which all of the following have occurred: (a) The Valuation Manual has been adopted by the NAIC by an affirmative vote of at least 42 members, or three-fourths of the members voting, whichever is greater. (b) The Standard Valuation Law, as amended by the NAIC in 2009, or legislation including substantially similar terms and provisions, has been enacted by states representing greater than 75 percent of the direct premiums written as reported in the following annual statements submitted for 2008: (1) Life, accident and health annual statements; (2) Health annual statements; or (3) Fraternal annual statements. (c) The Standard Valuation Law, as amended by the NAIC in 2009, or legislation including substantially similar terms and provisions, has been enacted by at least 42 of the following 55 jurisdictions: (1) The 50 states of the United States; (2) American Samoa; (3) The American Virgin Islands; (4) The District of Columbia; (5) Guam; and (6) Puerto Rico. (d) The Valuation Manual is adopted in accordance with regulations adopted by the Commissioner.

3. Within 90 days after all the events described in paragraphs (a) to (d), inclusive, of subsection 2 have taken place, the Commissioner shall issue a bulletin to inform insurers and the public of that fact.

4. Unless a change in the Valuation Manual specifies a later effective date, changes to the Valuation Manual are effective on January 1 following the date when the change to the Valuation Manual is adopted by the NAIC by an affirmative vote representing: (a) At least three-fourths of the members of the NAIC voting, but not less than a majority of the total membership; and (b) Members of the NAIC representing jurisdictions totaling greater than 75 percent of the direct premiums written as reported in the following annual statements most recently available before the vote in paragraph (a): (1) Life, accident and health annual statements; (2) Health annual statements; or (3) Fraternal annual statements.

5. The Valuation Manual must specify all of the following: (a) Minimum valuation standards for and definitions of the policies or contracts subject to NRS 681B.330 , including: (1) The Commissioner's reserve valuation method for life insurance contracts, other than annuity contracts, subject to NRS 681B.330 ; (2) The Commissioner's annuity reserve valuation method for annuity contracts subject to NRS 681B.330 ; and (3) Minimum reserves for all other policies or contracts subject to NRS 681B.330 ; (b) Which policies or contracts or types of policies or contracts that are subject to the requirements of a principle-based valuation in NRS 681B.370 and the minimum valuation standards consistent with those requirements; (c) For policies and contracts subject to a principle-based valuation under NRS 681B.360 , 681B.370 and 681B.380 : (1) Requirements for the format of the reports provided to the Commissioner pursuant to paragraph (c) of subsection 1 of NRS 681B.360 and which must include information necessary to determine if the valuation is appropriate and in compliance with NRS 681B.110 to 681B.510 , inclusive; (2) Assumptions must be prescribed for risks over which the company does not have significant control or influence; and (3) Procedures for corporate governance and oversight of the actuarial function, and a process for appropriate waiver or modification of such procedures; (d) For policies not subject to a principle-based valuation under NRS 681B.360 , 681B.370 and 681B.380 , the minimum valuation standard must: (1) Be consistent with the minimum standard of valuation before the operative date of the Valuation Manual ; or (2) Develop reserves that quantify the benefits and guarantees, and the funding, associated with the contracts and their risks at a level of conservatism that reflects conditions which include unfavorable events that have a reasonable probability of occurring during the lifetime of the contracts; (e) Other requirements, including, but not limited to, those relating to reserve methods, models for measuring risk, generation of economic scenarios, assumptions, margins, use of company experience, risk measurement, disclosure, certifications, reports, actuarial opinions and memorandums, transition rules and internal controls; and (f) The data and form of the data required pursuant to NRS 681B.500 , with whom the data must be submitted, and may specify other requirements including data analyses and reporting of such analyses.

6. In the absence of a specific valuation requirement or if a specific valuation requirement in the Valuation Manual is not, in the opinion of the Commissioner, in compliance with NRS 681B.110 to 681B.510 , inclusive, the company must, with respect to such requirements, comply with minimum valuation standards prescribed by the Commissioner by regulation.

7. The Commissioner may engage a qualified actuary, at the expense of the company, to perform an actuarial examination of the company and opine on the appropriateness of any reserve assumption or method used by the company, or to review and opine on a company's compliance with any requirement set forth in NRS 681B.110 to 681B.510 , inclusive. The Commissioner may rely upon the opinion, regarding provisions contained within NRS 681B.110 to 681B.510 , inclusive, of a qualified actuary engaged by the Commissioner of another state, district or territory of the United States. As used in this subsection, “ engage ” includes employment and contracting.

8. The Commissioner may require a company to change any assumption or method that, in the opinion of the Commissioner, is necessary in order to comply with the requirements of the Valuation Manual or NRS 681B.110 to 681B.510 , inclusive, and the company shall adjust the reserves as required by the Commissioner. The Commissioner may take other disciplinary action as allowed pursuant to regulations adopted by the Commissioner.

9. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only to, or in connection with, policies and contracts issued on or after the operative date of the Valuation Manual .
Nev. Rev. Stat. § 695H.105 — NV Code / Title 57 / Chapter 695H / Section 695H.105
Contracts with dentists: Assignments; toll-free telephone number
Status: in_force

1. A medical discount plan that contracts directly with a dentist: (a) Shall notify the dentist in the contract if the contract may be assigned to a third party; (b) May assign the contract with the dentist to a third party only if the contract expressly authorizes the medical discount plan to assign the contract; and (c) Shall maintain a toll-free telephone number for the dentist to obtain information regarding the medical discount plan.

2. A medical discount plan to which a contract with a dentist is assigned shall issue a written notice of inclusion in the medical discount plan to the dentist within 30 days after the assignment of the contract. Such a notice must include: (a) The approximate number of members in the medical discount plan; (b) The corporate name of the person offering the medical discount plan; (c) The location and address of each office for the medical discount plan; and (d) The telephone number where the dentist may obtain information regarding the medical discount plan.

3. A medical discount plan which fails to provide the notice required by subsection 2 to a dentist may not hold the dentist responsible for performance pursuant to the assigned contract.
Nev. Rev. Stat. § 681B.0059 — NV Code / Title 57 / Chapter 681B / Section 681B.0059
“Qualified actuary” defined
Status: in_force

“ Qualified actuary ” means a natural person who:

1. Is qualified to sign the applicable statement of actuarial opinion in accordance with the standards that are established by the American Academy of Actuaries, or its successor organization, to determine the qualification of an actuary to sign such a statement; and

2. Meets the applicable requirements set forth in the Valuation Manual .
Nev. Rev. Stat. § 681A.320 — NV Code / Title 57 / Chapter 681A / Section 681A.320
“Facultative” defined
Status: in_force

A submission is “facultative” if both the primary insurer and the reinsurer have the choice to accept or reject the submission.
Nev. Rev. Stat. § 690B.360 — NV Code / Title 57 / Chapter 690B / Section 690B.360
Information pertinent to monitoring compliance with applicable standards for rates: Commissioner authorized to collect; analysis; report to Legislature required under certain circumstances
Status: in_force

1. The Commissioner may collect all information which is pertinent to monitoring whether an insurer that issues professional liability insurance for a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS is complying with the applicable standards for rates established in NRS 686B.010 to 686B.1799 , inclusive. Such information may include, without limitation: (a) The amount of gross premiums collected with regard to each medical specialty; (b) Information relating to loss ratios; and (c) Information reported pursuant to NRS 679B.430 and 679B.440 .

2. In addition to the information collected pursuant to subsection 1, the Commissioner may request any additional information from an insurer: (a) Whose rates and credit utilization are materially different from other insurers in the market for professional liability insurance for a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS in this State; (b) Whose credit utilization shows a substantial change from the previous year; or (c) Whose information collected pursuant to subsection 1 indicates a potentially adverse trend.

3. If the Commissioner requests additional information from an insurer pursuant to subsection 2, the Commissioner may: (a) Determine whether the additional information offers a reasonable explanation for the results described in paragraph (a), (b) or (c) of subsection 2; and (b) Take any steps permitted by law that are necessary and appropriate to assure the ongoing stability of the market for professional liability insurance for a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS in this State.

4. On an ongoing basis, the Commissioner may analyze and evaluate the information collected pursuant to this section to determine trends in and measure the health of the market for professional liability insurance for a practitioner licensed pursuant to chapter 630, 631, 632 or 633 of NRS in this State.

5. If the Commissioner convenes a hearing pursuant to subsection 1 of NRS 690B.350 and determines that the market for professional liability insurance issued to any class, type or specialty of practitioner licensed pursuant to chapter 630, 631 or 633 of NRS is not competitive and that such insurance is unavailable or unaffordable for a substantial number of such practitioners, the Commissioner shall prepare and submit a report of the Commissioner's findings and recommendations to the Director of the Legislative Counsel Bureau for transmittal to members of the Legislature.
Nev. Rev. Stat. § 687B.620 — NV Code / Title 57 / Chapter 687B / Section 687B.620
“Health care services” defined
Status: in_force

“Health care services” has the meaning ascribed to it in NRS 695G.022 .
Nev. Rev. Stat. § 689C.425 — NV Code / Title 57 / Chapter 689C / Section 689C.425
Applicability of other provisions
Status: in_force

A voluntary purchasing group and any contract issued to such a group pursuant to NRS 689C.360 to 689C.600 , inclusive, are subject to the provisions of NRS 689C.015 to 689C.355 , inclusive, to the extent applicable and not in conflict with the express provisions of NRS 687B.408 and 689C.360 to 689C.600 , inclusive.
Nev. Rev. Stat. § 686A.390 — NV Code / Title 57 / Chapter 686A / Section 686A.390
Approval of forms
Status: in_force

1. Before using a form for an agreement or notice required by this chapter, a company must submit the proposed form to the Commissioner for approval. If the Commissioner does not disapprove a form within 60 days after it is submitted, the form shall be deemed approved.

2. The Commissioner shall not approve any form unless it complies with the provisions of NRS 686A.330 to 686A.520 , inclusive.

3. An insurer, including any subsidiary of an insurer or corporation under substantially the same management or control as an insurer, shall file all forms for agreements and any related forms. The filing required in this subsection is in addition to the filings required pursuant to chapter 686B of NRS .
Nev. Rev. Stat. § 696B.140 — NV Code / Title 57 / Chapter 696B / Section 696B.140
“Receiver” defined
Status: in_force

“ Receiver ” means a receiver, liquidator, rehabilitator or conservator, as the context requires.
Nev. Rev. Stat. § 691D.300 — NV Code / Title 57 / Chapter 691D / Section 691D.300
Policy of portable electronics insurance: Delivery; coverage; standards for coverage; supervising entity; training for employees and authorized representatives
Status: in_force

1. An authorized insurer may deliver or issue for delivery in this State a policy of portable electronics insurance as a group or master inland marine policy issued to a vendor. A vendor may provide coverage for portable electronics under the policy to customers who elect to enroll under the policy. The policy may be offered on a month-to-month or other periodic basis. Notwithstanding the provisions of any law to the contrary, each rate for a policy of portable electronics insurance must be filed with the Commissioner pursuant to chapter 686B of NRS .

2. An insurer that issues a group policy of portable electronics insurance to a vendor shall: (a) Establish reasonable eligibility and underwriting standards for customers who elect to enroll under the vendor's policy of portable electronics insurance. (b) Appoint a supervising entity to oversee the vendor's sales and enrollment activities under the vendor's policy of portable electronics insurance.

3. A supervising entity appointed pursuant to this section must develop and conduct a training program for the employees and authorized representatives of the vendor who sell or offer coverage under the vendor's policy of portable electronics insurance. The training program must include, without limitation, basic instruction concerning: (a) The coverage that is available to customers who enroll under the vendor's policy of portable electronics insurance; and (b) The disclosures required by NRS 691D.310 .

4. The supervising entity may provide the basic instruction required by subsection 3 in electronic form if the supervising entity provides supplemental education that is conducted and overseen by a licensed employee of the supervising entity.

5. The supervising entity shall ensure that each employee and authorized representative of a vendor completes the training program required by subsection 3 before selling or offering to sell coverage under the vendor's policy of portable electronics insurance.
Nev. Rev. Stat. § 682A.458 — NV Code / Title 57 / Chapter 682A / Section 682A.458
Commissioner may allow additional derivative transactions by regulation; limitations
Status: in_force

In accordance with the regulations adopted pursuant to NRS 682A.388 , the Commissioner may approve additional transactions involving the use of derivative instruments in excess of the limits of NRS 682A.452 for other risk-management purposes, but replication transactions must not be allowed for other than risk-management purposes.
Nev. Rev. Stat. § 689B.340 — NV Code / Title 57 / Chapter 689B / Section 689B.340
Definitions
Status: in_force

As used in NRS 689B.340 to 689B.580 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 689B.350 to 689B.460 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 695A.410 — NV Code / Title 57 / Chapter 695A / Section 695A.410
Injunctions against societies
Status: in_force

No application or petition for injunction against any domestic, foreign or alien society, or any of its lodges, may be recognized in any court of this state unless made by the Attorney General upon request of the Commissioner.
Nev. Rev. Stat. § 696B.412 — NV Code / Title 57 / Chapter 696B / Section 696B.412
Recovery by receiver of certain distributions on capital stock and payments to directors, officers and employees; scope of liability
Status: in_force

1. Except as otherwise provided in subsections 2 and 4, if an order for liquidation or rehabilitation of a domestic insurer has been issued, the receiver appointed under the order may recover on behalf of the insurer: (a) From any parent corporation, holding company, affiliate or person who otherwise controlled the insurer, the amount of any distribution, other than a distribution of shares of the same class of stock, made by the insurer on its capital stock; and (b) Any payment in the form of a bonus, settlement on termination, or extraordinary adjustment of salary in a lump sum made by the insurer or a subsidiary to a director, officer or employee, made during the year preceding the petition for liquidation, conservation or rehabilitation.

2. A distribution is not recoverable if the parent corporation, holding company or affiliate shows that when made the distribution was lawful and reasonable and that the insurer did not know and could not reasonably have known that the distribution might adversely affect the ability of the insurer to fulfill its contractual obligations.

3. A parent corporation, holding company or person who otherwise controlled the insurer or affiliate at the time the distribution or payment was made is liable up to the amount of the distribution or payment which he or she received. A person who otherwise controlled the insurer at the time a distribution was declared is liable up to the amount that would have been received if the distribution had been made immediately. If two or more persons are liable with respect to the same distribution, they are jointly and severally liable.

4. The greatest amount recoverable under this section is the amount needed in excess of all other available assets of the impaired or insolvent insurer to pay its contractual obligations and reimburse any guaranty fund.

5. To the extent that a person liable under subsection 3 is insolvent or otherwise fails to pay a claim due from it, a parent corporation, holding company or person who otherwise controlled it at the time the distribution was made is jointly and severally liable for any resulting deficiency in the amount recovered from the person so liable.
Nev. Rev. Stat. § 686C.226 — NV Code / Title 57 / Chapter 686C / Section 686C.226
Termination of obligations: Failure to pay premiums
Status: in_force

Failure to pay premiums within 31 days after the date required pursuant to the terms of any guaranteed, assumed, alternative or reissued policy or contract or substitute coverage terminates the Association's obligations under the policy, contract or coverage, except with respect to any claims incurred or any net cash surrender value which may be due in accordance with the provisions of this chapter.
Nev. Rev. Stat. § 682A.109 — NV Code / Title 57 / Chapter 682A / Section 682A.109
“Insurance future option” defined
Status: in_force

“ Insurance future option ” means an option on an insurance future.
Nev. Rev. Stat. § 686A.095 — NV Code / Title 57 / Chapter 686A / Section 686A.095
Cancellation or restriction of agent's authority based solely on loss ratio experience prohibited in certain circumstances
Status: in_force

1. An insurer shall not, without the written consent of the agent, cancel a written agreement with an agent or reduce or restrict the agent's authority to transact property or casualty insurance based solely on the loss ratio experience on insurance transacted by that agent, if the agent was required to submit the applications for that insurance for underwriting approval, all material information on those applications was fully completed and the agent did not omit or alter any information provided by the applicants for that insurance.

2. As used in this section, “loss ratio experience” means the amount of money received by the insurer in payment of premiums divided by the amount of money expended by the insurer in payment of claims for a specified period.
Nev. Rev. Stat. § 682A.430 — NV Code / Title 57 / Chapter 682A / Section 682A.430
Mortgage loans
Status: in_force

1. Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , an insurer may acquire, 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, obligations secured by mortgages on real estate situated within a domestic jurisdiction.

2. A mortgage loan which is secured by other than a first lien must not be acquired unless the insurer is the holder of the first lien.

3. The obligations held by the insurer and any obligations with an equal lien priority shall not, at the time of acquisition of the obligation, exceed: (a) Ninety percent of the fair market value of the real estate, if the mortgage loan is secured by a purchase money mortgage or like security received by the insurer upon disposition of the real estate. (b) Eighty percent of the fair market value of the real estate, if the mortgage loan requires immediate scheduled payment in periodic installments of principal and interest, has an amortization period of not more than 30 years and periodic payments made not less frequently than annually. Each periodic payment must be sufficient to ensure that at all times the outstanding principal balance of the mortgage loan is not greater than the outstanding principal balance that would be outstanding under a mortgage loan with the same original principal balance, with the same interest rate and requiring equal payments of principal and interest with the same frequency over the same amortization period. Mortgage loans allowed in accordance with this section are allowed notwithstanding the fact that they provide for a payment of the principal balance before the end of the period of amortization of the loan. For residential mortgage loans, the 80-percent limitation may be increased to 97 percent if acceptable private mortgage insurance has been obtained. (c) Seventy-five percent of the fair market values of the real estate for mortgage loans that do not meet the requirements of paragraph (a) or (b).

4. For the purposes of subsections 1, 2 and 3, the amount of an obligation required to be included in the calculation of the loan-to-value ratio may be reduced to the extent the obligation is insured by the Federal Housing Administration or guaranteed by the Administrator of Veterans Affairs, or their successors.

5. A mortgage loan that is held by an insurer pursuant to NRS 682A.325 or acquired in accordance with the provisions of NRS 682A.430 to 682A.436 , inclusive, and is restructured in a manner that meets the requirements of a restructured mortgage loan in conformance with the Accounting Practices and Procedures Manual adopted by the NAIC will continue to qualify as a mortgage loan in accordance with the provisions of this chapter.

6. Subject to the limitations of NRS 682A.402 , 682A.404 and 682A.406 , credit lease transactions that do not qualify for investment pursuant to NRS 682A.408 are exempt from the provisions of subsections 1, 2 and 3 if they meet the following criteria: (a) The loan amortizes over the initial fixed lease term at least in an amount sufficient so that the loan balance at the end of the lease term does not exceed the original appraised value of the real estate; (b) The lease payments cover or exceed the total debt service over the life of the loan; (c) A tenant or its affiliated entity whose rated credit instruments have an SVO rating of 1 or 2, or a comparable rating from a nationally recognized statistical rating organization recognized by the SVO, has a full faith and credit obligation to make the lease payments; (d) The insurer holds or is the beneficial holder of a first lien mortgage on the real estate; (e) The expenses of the real estate are passed through to the tenant, excluding exterior, structural, parking and heating, ventilation and air conditioning replacement expenses, unless annual escrow contributions, from cash flows derived from the lease payments, cover the expense shortfall; and (f) There is a perfected assignment of the rents due pursuant to the lease to, or for the benefit of, the insurer.
Nev. Rev. Stat. § 689B.110 — NV Code / Title 57 / Chapter 689B / Section 689B.110
Legal liability of policyholders for death of or injury to insured member unaffected
Status: in_force

Nothing contained in NRS 689B.070 to 689B.100 , inclusive, shall be deemed to affect the legal liability of policyholders for death of or injury to any member insured under a blanket insurance policy.
Nev. Rev. Stat. § 686B.1752 — NV Code / Title 57 / Chapter 686B / Section 686B.1752
“Advisory Organization” defined
Status: in_force

“ Advisory Organization ,” when preceded by the definite article, means the organization designated by the Commissioner pursuant to NRS 686B.1764 .
Nev. Rev. Stat. § 696B.170 — NV Code / Title 57 / Chapter 696B / Section 696B.170
“Special deposit claim” defined
Status: in_force

“ Special deposit claim ” means any claim secured by a deposit made under a statute for the security or benefit of a limited class or classes of persons, but not including any general assets.
Nev. Rev. Stat. § 682A.325 — NV Code / Title 57 / Chapter 682A / Section 682A.325
Applicability of law to admitted assets or certain transactions held or entered on or before July 1, 2015
Status: in_force

1. An investment, held as an admitted asset by an insurer on July 1, 2015, which qualified pursuant to this chapter before July 1, 2015, shall be deemed to remain qualified as an admitted asset pursuant to this chapter.

2. Each specific transaction constituting an investment practice of the type described in this chapter that was lawfully entered into by an insurer, and was in effect on July 1, 2015, must continue to be allowed in accordance with the provisions of this chapter until its expiration or termination in accordance with its terms.
Nev. Rev. Stat. § 695C.1737 — NV Code / Title 57 / Chapter 695C / Section 695C.1737
Required provision concerning coverage for examination of person who is pregnant for certain diseases
Status: in_force

1. A health maintenance organization that issues a health care plan shall provide coverage for the examination of a person who is pregnant for the discovery of: (a) Chlamydia trachomatis , gonorrhea, hepatitis B and hepatitis C in accordance with NRS 442.013 . (b) Syphilis in accordance with NRS 442.010 .

2. The coverage required by this section must be provided: (a) Regardless of whether the benefits are provided to the enrollee by a provider of health care, facility or medical laboratory that participates in the network plan of the health maintenance organization; and (b) Without prior authorization.

3. A health care plan subject to the provisions of this chapter that is delivered, issued for delivery or renewed on or after July 1, 2021, 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.

4. As used in this section: (a) “Medical laboratory” has the meaning ascribed to it in NRS 652.060 . (b) “ Network plan ” means a health care plan offered by a health maintenance 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 health maintenance 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. § 679B.020 — NV Code / Title 57 / Chapter 679B / Section 679B.020
Chief officer of Division; restrictions on other employment and certain political activities
Status: in_force

1. The chief officer of the Division is the Commissioner appointed as provided in NRS 232.820 .

2. The Commissioner shall not: (a) Except as otherwise provided in NRS 284.143 , engage in any other occupation, business or activity that is in any way inconsistent with the performance of his or her duties as Commissioner; (b) Hold any other public office; (c) Directly or indirectly solicit or receive, or be in any manner concerned with soliciting or receiving, any assessment, subscription, contribution or service, whether voluntary or involuntary, for any political purpose whatever, from any person within or without the State; or (d) Act as an officer or manager for any candidate, political party or committee organized to promote the candidacy or any person for any public office.
Nev. Rev. Stat. § 690A.075 — NV Code / Title 57 / Chapter 690A / Section 690A.075
Acceptance of insurance by insurer other than named insurer; nonacceptance
Status: in_force

1. If a named insurer does not accept the insurance and another insurer accepts the insurance, the insurer shall provide an individual policy or group certificate that includes the name and address of the home office of the insurer who accepted the insurance and the amount of the premium to be charged. If the premium is less than the premium paid by the debtor, the insurer shall provide a refund of the excess premium not more than 30 days after the date it was paid by the debtor.

2. If a named insurer does not accept the insurance and no other insurer accepts the insurance, a person who received any premium payment related to the insurance shall refund the payment not more than 30 days after the date it was paid by the debtor.
Nev. Rev. Stat. § 695J.230 — NV Code / Title 57 / Chapter 695J / Section 695J.230
Nonresident exchange enrollment facilitator: Service of process; agreement to appear
Status: in_force

1. A nonresident who is an exchange enrollment facilitator shall appoint the Commissioner, in writing, as his or her registered agent upon whom may be served all legal process issued in connection with any action or proceeding brought or pending in this State against or involving the nonresident certificate holder and relating to transactions under his or her Nevada certificate. The appointment is irrevocable and remains in force so long as such an action or proceeding exists or may arise. Duplicate copies of process must be served upon the Commissioner, or other person in apparent charge of the Division during the Commissioner's absence, accompanied by payment of the fee for service of process. Promptly after any such service, the Commissioner shall forward a copy of the process by certified mail, return receipt requested, to the nonresident certificate holder at his or her business address of most recent record with the Division. Process so served and the copy so forwarded constitutes personal service upon the certificate holder for all purposes.

2. Each such nonresident certificate holder shall also file with the Commissioner a written agreement to appear before the Commissioner pursuant to notice of hearing, order to show cause or subpoena issued by the Commissioner and sent by certified mail to the certificate holder at his or her business address of most recent record with the Division, and that if the nonresident certificate holder fails to appear, the nonresident certificate holder thereby consents to any subsequent suspension, revocation or refusal to renew his or her certificate.
Nev. Rev. Stat. § 693A.190 — NV Code / Title 57 / Chapter 693A / Section 693A.190
Mutual insurers: Additional kinds of insurance
Status: in_force

A domestic mutual insurer after being authorized to transact one kind of insurance may be authorized to transact such additional kinds of insurance as are permitted under NRS 680A.120 , if otherwise complying with this Code and maintaining unimpaired surplus funds in an amount not less than the amount of paid-in capital stock and surplus required to be maintained by a domestic stock insurer transacting like kinds of insurance. When first so authorized to transact an additional kind of insurance, the domestic mutual insurer shall be subject to the additional expendable surplus requirements of NRS 680A.120 applicable to a stock insurer.
Nev. Rev. Stat. § 687B.350 — NV Code / Title 57 / Chapter 687B / Section 687B.350
Renewal with change in policy or coverage provisions without certain notice to insured prohibited; exceptions
Status: in_force

1. Except as otherwise provided in subsections 2 and 3, an insurer shall not renew a policy if the renewal includes a change in policy or coverage provisions, including a change in rates or premiums charged to the insured, unless the insurer notifies the insured in writing of the change in policy or coverage provisions at least 30 days before the expiration of the policy. If the insurer fails to provide adequate and timely notice, the insurer shall renew the policy using the expiring policy or coverage provisions: (a) For a period that is equal to the expiring term if the agreed term is 1 year or less; or (b) For 1 year if the agreed term is more than 1 year.

2. The provisions of this section do not apply to a change in the rate for a policy of industrial insurance which is based on: (a) A change to a prospective loss cost filed by the Advisory Organization pursuant to NRS 686B.177 that is applicable to the risk; or (b) A correction based on the experience that is applicable to the risk in accordance with the Uniform Plan for Rating Experience filed with the Commissioner pursuant to NRS 686B.177 .

3. The provisions of this section do not apply to a renewal of a policy in which the change in policy or coverage provisions consists only of a: (a) Decrease in the amount of the total premium charged to the insured for the renewal of the policy; (b) Change in the effective date and expiration date of the policy if the duration of the renewed policy remains unchanged; or (c) Change in one or more conditions of the policy that are intended to make an aspect of the coverage provided by the policy more favorable to the insured and is not accompanied by a change in one or more conditions of the policy that are intended to make an aspect of the coverage provided by the policy less favorable to the insured.
Nev. Rev. Stat. § 695A.430 — NV Code / Title 57 / Chapter 695A / Section 695A.430
Assets, funds and accounts of society
Status: in_force

1. All assets must be held, invested and disbursed for the use and benefit of the society and no member or beneficiary may have or acquire individual rights therein or become entitled to any apportionment or the surrender of any part thereof, except as provided in the benefit contract.

2. A society may create, maintain, invest, disburse and apply any special fund necessary to carry out any purpose permitted by the laws of the society.

3. A society may, pursuant to a resolution of its supreme governing body and subject to the provisions of NRS 688A.390 , establish and operate one or more separate accounts and issue contracts providing benefits payable in variable amounts. For the purposes of NRS 688A.390 , a society shall be deemed to be a domestic life insurer.
Nev. Rev. Stat. § 692C.352 — NV Code / Title 57 / Chapter 692C / Section 692C.352
Exemption from risk management and ORSA requirements
Status: in_force

An insurer is exempt from the requirements of NRS 692C.351 to 692C.3548 , inclusive, if:

1. The insurer has annual direct written and unaffiliated assumed premiums, including international direct and assumed premiums, but excluding premiums reinsured with the Federal Crop Insurance Corporation and the National Flood Insurance Program, of less than $500,000,000; and

2. The insurance group of which the insurer is a member has annual direct written and unaffiliated assumed premiums, including international direct and assumed premiums but excluding premiums reinsured with the Federal Crop Insurance Corporation and the National Federal Flood Insurance Program, of less than $1 billion.
Nev. Rev. Stat. § 695A.570 — NV Code / Title 57 / Chapter 695A / Section 695A.570
Applicability of chapter; effect of exemption
Status: in_force

1. Nothing contained in this chapter shall be construed to affect or apply to: (a) Grand or subordinate lodges of societies, orders or associations now doing business in this state which provide benefits exclusively through local or subordinate lodges; (b) Orders, societies or associations which admit to membership only persons engaged in one or more crafts or hazardous occupations, in the same or similar lines of business, insuring only their own members and their families and the ladies' societies or ladies' auxiliaries to such orders, societies or associations; (c) Domestic societies which limit their membership to employees of a particular city or town, designated firm, business house or corporation which provide for a death benefit of not more than $400 or disability benefits of not more than $350 to any person in any 1 year, or both; or (d) Domestic societies or associations of a purely religious, charitable or benevolent description, which provide for a death benefit of not more than $400 or for disability benefits of not more than $350 to any one person in any 1 year, or both.

2. Any society or association described in paragraphs (c) or (d) of subsection 1 which provides for death or disability benefits for which benefit certificates are issued, and any such society or association included in paragraph (d) of subsection 1 which has more than 1,000 members, shall not be exempted from the provisions of this chapter but shall comply with all requirements thereof.

3. No society which, by the provisions of this section, is exempt from the requirements of this chapter, except any society described in paragraph (b) of subsection 1, shall give or allow, or promise to give or allow, to any person any compensation for procuring new members.

4. Every society which provides for benefits in case of death or disability resulting solely from accident and which does not obligate itself to pay natural death or sick benefits shall have all of the privileges and be subject to all the applicable provisions and regulations of this chapter, except that the provisions thereof relating to medical examination, valuations of benefit certificates and incontestability shall not apply to such society.

5. The Commissioner may require from any society or association, by examination or otherwise, such information as will enable the Commissioner to determine whether such society or association is exempt from the provisions of this chapter.

6. Societies, exempted under the provisions of this section, shall also be exempt from all other provisions of the insurance laws of this state.
Nev. Rev. Stat. § 680A.580 — NV Code / Title 57 / Chapter 680A / Section 680A.580
Effect of consent to delivery by electronic means given before October 1, 2017
Status: in_force

If a party consented to the delivery by electronic means of certain notices or documents by an insurer before October 1, 2017, the insurer may continue to deliver by electronic means such notices or documents if, before delivering by electronic means such notices or documents, the insurer provides the party with:

1. A statement that describes: (a) Any notices or documents to be delivered by electronic means pursuant to NRS 680A.500 to 680A.600 , inclusive, which were not previously delivered by electronic means; and (b) The right of the party to withdraw consent without the imposition of any condition or consequence that was not disclosed at the time the party gave consent; and

2. A statement that satisfies the requirements of paragraph (b) of subsection 1 of NRS 680A.550 .
Nev. Rev. Stat. § 685B.040 — NV Code / Title 57 / Chapter 685B / Section 685B.040
Injunctive relief
Status: in_force

1. Whenever the Commissioner believes, from evidence satisfactory to the Commissioner, that any insurer is violating or is about to violate the provisions of NRS 685B.030 , the Commissioner may, through the Attorney General, cause a complaint to be filed in the district court seeking to enjoin and restrain such insurer from continuing such violation or engaging therein or doing any act in furtherance thereof.

2. The district court has jurisdiction of the proceeding and has the power to make and enter an order or judgment awarding such preliminary or final injunctive relief as in its judgment is proper.
Nev. Rev. Stat. § 695C.1735 — NV Code / Title 57 / Chapter 695C / Section 695C.1735
Required provision concerning coverage for certain screenings and tests for breast cancer; prohibited acts
Status: in_force

1. A health care plan of a health maintenance organization must provide coverage for benefits payable for expenses incurred for: (a) A mammogram to screen for breast cancer annually for enrollees 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 enrollee'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 enrollee. (c) A diagnostic imaging test for breast cancer at the age deemed most appropriate, when medically necessary, as recommended by the enrollee'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. A health maintenance organization must ensure that the benefits required by subsection 1 are made available to an enrollee through a provider of health care who participates in the network plan of the health maintenance organization.

3. Except as otherwise provided in subsection 5, a health maintenance organization that offers or issues a health care plan shall not: (a) Except as otherwise provided in subsection 6, require an enrollee 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 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 enrollee to discourage the enrollee from obtaining any benefit provided in the health care plan pursuant to subsection 1; (d) Penalize a provider of health care who provides any such benefit to an enrollee, 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 enrollee; or (f) Impose any other restrictions or delays on the access of an enrollee to any such benefit.

4. A health care plan 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 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 health maintenance 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. If the application of paragraph (a) of subsection 3 would result in the ineligibility of a health savings account of an enrollee pursuant to 26 U.S.C. § 223 , the prohibitions of paragraph (a) of subsection 3 shall apply only for a qualified health care plan with respect to the deductible of such a health care plan after the enrollee 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 health care plan offered by a health maintenance 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 health maintenance 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 . (d) “ Qualified health care plan ” means a health care plan of a health maintenance organization 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. § 695H.090 — NV Code / Title 57 / Chapter 695H / Section 695H.090
Application for registration; renewal of registration; fees; regulations
Status: in_force

1. An application for registration to engage in business as a medical discount plan must be submitted on a form prescribed by the Commissioner. The form must be signed by an officer or an authorized representative of the applicant. Except as otherwise provided in this section, the application must be accompanied by: (a) A registration fee of $500 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 . (b) A copy of the organizational documents of the applicant, if any. (c) A list of names, addresses, positions of employment and biographical information of each person who is responsible for conducting the business activities of the medical discount plan of the applicant, including, but not limited to, all members of the board of directors, board of trustees, officers and managers. The list must set forth the extent and nature of any contracts or other agreements between any person who is responsible for conducting the business activities of the applicant and the medical discount plan, including disclosure of any possible conflicts of interest. (d) A complete biographical statement, on a form prescribed by the Commissioner, describing the facilities, employees and services that will be offered by the applicant. (e) A copy of all forms used for contracts between the applicant and networks of providers of health care regarding the provision of health care or medical services to members. (f) A copy of the most recent financial statements of the applicant, audited by an independent certified public accountant. (g) A description of the method of marketing proposed by the applicant. (h) A description of the procedures for making a complaint to be established and maintained by the applicant. (i) Any other information required by the Commissioner.

2. Each person who registers a medical discount plan must renew the registration on or before March 1 of each year. Except as otherwise provided in this section, an application to renew the registration must include: (a) An annual renewal fee of $500 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 ; and (b) Any information set forth in subsection 1 that the Commissioner requires to be included in the application.

3. An administrator or insurer that registers a medical discount plan is not required to pay the fees for registering or renewing the registration of the medical discount plan pursuant to this section.

4. The Commissioner shall, by regulation, designate the provisions of subsection 1 that shall be deemed satisfied by an administrator, insurer or affiliate of an insurer that has complied with substantially similar requirements pursuant to other provisions of this title.
Nev. Rev. Stat. § 695G.163 — NV Code / Title 57 / Chapter 695G / Section 695G.163
Plan covering prescription drugs: Provision of notice and information regarding use of formulary
Status: in_force

1. A managed care organization that offers or issues a health care plan which provides coverage for prescription drugs shall include with any summary, certificate or evidence of that coverage provided to an insured, notice of whether a formulary is used and, if so, of the opportunity to secure information regarding the formulary from the organization pursuant to subsection 2. The notice required by this subsection must: (a) Be in a language that is easily understood and in a format that is easy to understand; (b) Include an explanation of what a formulary is; and (c) If a formulary is used, include: (1) An explanation of: (I) How often the contents of the formulary are reviewed; and (II) The procedure and criteria for determining which prescription drugs are included in and excluded from the formulary; and (2) The telephone number of the organization for making a request for information regarding the formulary pursuant to subsection 2.

2. If a managed care organization offers or issues a health care plan which provides coverage for prescription drugs and a formulary is used, the organization shall: (a) Provide to any insured or participating provider of health care, upon request: (1) Information regarding whether a specific drug is included in the formulary. (2) Access to the most current list of prescription drugs in the formulary, organized by major therapeutic category, with an indication of whether any listed drugs are preferred over other listed drugs. If more than one formulary is maintained, the organization shall notify the requester that a choice of formulary lists is available. (b) Notify each person who requests information regarding the formulary, that the inclusion of a drug in the formulary does not guarantee that a provider of health care will prescribe that drug for a particular medical condition.
Nev. Rev. Stat. § 688A.130 — NV Code / Title 57 / Chapter 688A / Section 688A.130
Reinstatement
Status: in_force

There must be a provision that unless:

1. The policy has been surrendered for its cash surrender value;

2. Its cash surrender value has been exhausted; or

3. The paid-up term insurance, if any, has expired,

the policy will be reinstated at any time within 3 years after the date of premium default upon written application therefor, the production of evidence of insurability satisfactory to the insurer, the payment of all premiums in arrears and any interest due thereon and the payment or reinstatement of any other indebtedness to the insurer upon the policy including any interest due thereon.
Nev. Rev. Stat. § 686B.140 — NV Code / Title 57 / Chapter 686B / Section 686B.140
Licensing of rate service organization and advisory organization: Application; issuance, expiration and renewal of license
Status: in_force

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

1. A rate service organization or an advisory organization applying for a license as required by NRS 686B.130 must include with its application: (a) A copy of its constitution, charter, articles of organization, agreement, association or incorporation, and a copy of its bylaws, plan of operation and any other rules or regulations governing the conduct of its business; (b) A list of its membership and subscribers; (c) The name and address of one or more residents of this State upon whom notices, process affecting it or orders of the Commissioner may be served; (d) A statement showing its technical qualifications for acting in the capacity for which it seeks a license; (e) If the applicant is a natural person who wishes to obtain a license as a rate service organization, the statement required pursuant to NRS 686B.143 ; (f) Any other relevant information and documents that the Commissioner may require; and (g) All applicable fees.

2. If the applicant is a natural person, the application must include the social security number of the applicant.

3. Every organization which has applied for a license pursuant to subsection 1 shall thereafter promptly notify the Commissioner of every material change in the facts or in the documents on which its application was based.

4. If the Commissioner finds that the applicant and the natural persons through whom it acts are competent, trustworthy and technically qualified to provide the services proposed, and that all requirements of law are met, the Commissioner shall issue a license specifying the authorized activity of the applicant. The Commissioner shall not issue a license if the proposed activity would tend to create a monopoly or to lessen or destroy competition in prices.

5. A license issued pursuant to this section continues in effect until the licensee leaves the State or until the license is suspended, revoked or otherwise terminated. A license may be renewed upon: (a) If the licensee is a natural person who has been issued a license as a rate service organization, submission of the statement required pursuant to NRS 686B.143 and payment of all applicable fees for renewal to the Commissioner on or before the last day on which the license is renewable; or (b) If the licensee is an advisory organization or a rate service organization that is not a natural person, payment of all applicable fees for renewal to the Commissioner on or before the last day on which the license is renewable.

6. A license which is not renewed annually expires on March 1. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the expiration of the license if the request is accompanied by: (a) If the licensee is a natural person who has been issued a license as a rate service organization, the statement required pursuant to NRS 686B.143 and a fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110 ; or (b) If the licensee is a rate service organization that is not a natural person or is an advisory organization, a fee for renewal of 150 percent of all applicable fees otherwise required, except for any fee required pursuant to NRS 680C.110 .

7. Any amendment to a document filed pursuant to paragraph (a) of subsection 1 must be filed at least 30 days before it becomes effective. Failure to comply with this subsection is a ground for revocation of the license granted pursuant to subsection 4.
Nev. Rev. Stat. § 682B.220 — NV Code / Title 57 / Chapter 682B / Section 682B.220
Withdrawal of assets
Status: in_force

1. The trust agreement shall provide, in substance, that no withdrawal of trusteed assets shall be made by the insurer or permitted by the trustee without the written authorization or approval of the Commissioner in advance thereof, except as follows: (a) Any or all income, earnings, dividends or interest accumulations of the trusteed assets may be paid over to the United States manager of the insurer upon request of the insurer or the manager. (b) For substitution, coincidentally with such withdrawal, of other securities or assets of value at least equal in amount to those being withdrawn, if: (1) Such substituted securities or assets are likewise such as are eligible for deposit under NRS 682B.130 ; (2) Such withdrawal is requested in writing by the insurer's United States manager pursuant to general or specific written authority previously given or delegated by the insurer's board of directors or other similar governing body; and (3) A certified copy of such authority has been filed with the trustee. (c) For the purpose of making deposits required by law in any state in which the insurer is or thereafter becomes an authorized insurer, for the protection of the insurer's policyholders or policyholders and creditors in such state or in the United States of America, if such withdrawal does not reduce the insurer's deposit in this state to an amount less than the minimum deposit required under NRS 680A.140 . The trustee shall transfer any assets so withdrawn and in the amount so required to be deposited in the other state directly to the depositary required to receive the deposit in the other state, as certified in writing by the public officer having supervision of insurance in the other state. (d) For the purpose of transferring the trusteed assets to an official conservator, rehabilitator or liquidator pursuant to the order of a court of competent jurisdiction.

2. The Commissioner shall so authorize or approve withdrawal of only such assets as are in excess of the amount of assets required to be so held in trust under NRS 680A.140 , or as may otherwise be consistent with the provisions of NRS 682B.130 to 682B.250 , inclusive.

3. If at any time the insurer becomes insolvent, or if its assets held in the United States of America are less in amount than the sum of its liabilities in the United States of America arising from its insurance transactions therein and the amount of the required deposit, upon determination thereof the Commissioner shall in writing order the trustee to suspend the right of the insurer or any other person to withdraw assets as authorized under paragraphs (a), (b) and (c) of subsection 1, and the trustee shall comply with such order until further order of the Commissioner.
Nev. Rev. Stat. § 681A.410 — NV Code / Title 57 / Chapter 681A / Section 681A.410
“Violation” defined
Status: in_force

“Violation” by an intermediary, insurer or reinsurer for whom the intermediary was acting means failure to comply substantially with the provisions of NRS 681A.250 to 681A.580 , inclusive.
Nev. Rev. Stat. § 681A.060 — NV Code / Title 57 / Chapter 681A / Section 681A.060
“Property insurance” defined
Status: in_force

1. “Property insurance” is insurance on real or personal property of every kind and of every interest therein against loss or damage from any and all hazards or causes, and against loss consequential upon such loss or damage, other than noncontractual legal liability for any such loss or damage.

2. Property insurance does not include title insurance, as defined in NRS 681A.080 .
Nev. Rev. Stat. § 686B.310 — NV Code / Title 57 / Chapter 686B / Section 686B.310
Conversion into domestic stock insurer: Capitalization
Status: in_force

An association must comply with the provisions of NRS 680A.120 to qualify as a domestic stock insurer. Any paid-in capital in excess of the minimum amount required may be shown as surplus.
Nev. Rev. Stat. § 695B.187 — NV Code / Title 57 / Chapter 695B / Section 695B.187
Group contract issued to replace discontinued policy or coverage: Requirements; notice of reduction of benefits; statement of benefits; applicability to self-insured employer
Status: in_force

Except as otherwise provided by the provisions of NRS 689B.340 to 689B.580 , inclusive, and chapter 689C of NRS relating to the portability and availability of health insurance:

1. A group contract for hospital, medical or dental services issued by a nonprofit hospital, medical or dental service corporation to replace any discontinued policy or coverage for group health insurance must: (a) Provide coverage for all persons who were covered under the previous policy or coverage on the date it was discontinued; and (b) Except as otherwise provided in subsection 2, provide benefits which are at least as extensive as the benefits provided by the previous policy or coverage, except that the benefits may be reduced or excluded to the extent that such a reduction or exclusion was permissible under the terms of the previous policy or coverage, if that contract is issued within 60 days after the date on which the previous policy or coverage was discontinued.

2. If an employer obtains a replacement contract pursuant to subsection 1 to cover the employees of the employer, any benefits provided by the previous policy or coverage may be reduced if notice of the reduction is given to the employees of the employer pursuant to NRS 608.1577 .

3. Any corporation which issues a replacement contract pursuant to subsection 1 may submit a written request to the insurer which provided the previous policy or coverage for a statement of benefits which were provided under that policy or coverage. Upon receiving such a request, the insurer shall give a written statement to the corporation which indicates what benefits were provided and what exclusions or reductions were in effect under the previous policy or coverage.

4. The provisions of this section apply to a self-insured employer who provides health benefits to the employees of the self-insured employer and replaces those benefits with a group contract for hospital, medical or dental services issued by a nonprofit hospital, medical or dental service corporation.
Nev. Rev. Stat. § 687B.255 — NV Code / Title 57 / Chapter 687B / Section 687B.255
Insurer required to pay claim with negotiable instrument
Status: in_force

If an insurer is required to pay a claim, the insurer shall pay that claim with an instrument which is immediately negotiable. An insurer shall be deemed to have complied with the provisions of this section if the insurer enters into an agreement, with a bank located in this state, which provides that the bank will accept the insurer's drafts in as timely a manner as it accepts the insurer's checks.
Nev. Rev. Stat. § 687A.120 — NV Code / Title 57 / Chapter 687A / Section 687A.120
Examination of Association; annual financial report
Status: in_force

The Association is subject to examination and regulation by the Commissioner. The Board of Directors shall submit, not later than March 30 of each year, a financial report for the preceding calendar year in a form approved by the Commissioner.
Nev. Rev. Stat. § 682A.155 — NV Code / Title 57 / Chapter 682A / Section 682A.155
“Over-the-counter derivative instrument” defined
Status: in_force

“ Over-the-counter derivative instrument ” means a derivative instrument entered into with a business entity other than through a qualified exchange or qualified foreign exchange, or cleared through a qualified clearinghouse.
Nev. Rev. Stat. § 679A.060 — NV Code / Title 57 / Chapter 679A / Section 679A.060
“Commissioner” defined
Status: in_force

“Commissioner” means the Commissioner of Insurance.
Nev. Rev. Stat. § 684A.240 — NV Code / Title 57 / Chapter 684A / Section 684A.240
Administrative fine: Levy in addition to or in lieu of suspension, revocation or refusal to renew license; revocation of license for nonpayment; recovery; deposit
Status: in_force

1. In addition to or in lieu of the suspension, revocation or refusal to renew any adjuster's license for any of the causes referred to in NRS 684A.210 , after hearing thereon or upon waiver of hearing by the licensee, the Commissioner may levy upon the licensee an administrative fine in any amount not less than $25 nor more than $500.

2. In his or her order levying the fine the Commissioner shall specify a period of not less than 15 days nor more than 30 days after the date of the order within which the fine must be paid in full.

3. If the fine is not paid when due, the Commissioner shall revoke the license involved, if not already revoked, and the fine must be recovered in a civil action brought by the Attorney General in the Commissioner's behalf.

4. All fines recovered pursuant to this section must be deposited with the State Treasurer for credit to the State General Fund.
Nev. Rev. Stat. § 697.183 — NV Code / Title 57 / Chapter 697 / Section 697.183
Application for license as resident bail agent: Additional documentation
Status: in_force

An application for a license as a bail agent, other than an application for a nonresident license as a bail agent, must be accompanied by:

1. Proof of the completion of a 6-hour course of instruction in bail bonds that is: (a) Offered by a state or national organization of bail agents or another organization that administers training programs for bail agents; and (b) Approved by the Commissioner.

2. A written appointment by an authorized insurer as agent for bail bonds, subject to the issuance of the license.

3. A letter from a local law enforcement agency in the applicant's county of residence which indicates that the applicant: (a) Has not been convicted of a felony in this state or of any offense committed in another state which would be a felony if committed in this state; and (b) Has not been convicted of an offense involving moral turpitude or the unlawful use, sale or possession of a controlled substance.
Nev. Rev. Stat. § 679A.150 — NV Code / Title 57 / Chapter 679A / Section 679A.150
Compliance required
Status: in_force

No person shall transact a business of insurance in Nevada, or relative to a subject of insurance resident, located or to be performed in Nevada or elsewhere, without complying with the applicable provisions of this Code.