695B.2585 - Group coverage may be provided in lieu of converted individual contract. - Nevada Statutes - USA Laws Searching

Statutes > Nevada Statutes > TITLE 57 - INSURANCE > Chapter 695B - Nonprofit Corporations for Hospital, Medical and Dental Service > CONVERSION OF GROUP CONTRACTS TO INDIVIDUAL CONTRACTS > 695B.2585 - Group coverage may be provided in lieu of converted individual contract.

695B.2585 - Group coverage may be provided in lieu of converted individual contract.

695B.2585  Group coverage may be provided in lieu of converted individual contract.  The medical service corporation may elect to provide group coverage in lieu of the issuance of a converted individual contract.

      (Added to NRS by 1979, 1089)

      NRS 695B.259  Medical service corporation may continue identical coverage in lieu of converting contract.  The medical service corporation may continue coverage identical to that provided under the group contract instead of issuing a converted contract. Coverage may be offered by amending the group certificate or by issuing an individual contract and, except as otherwise provided in NRS 689B.245 to 689B.249, inclusive, must otherwise comply with every requirement of NRS 695B.251 to 695B.259, inclusive.

      (Added to NRS by 1979, 1089; A 1987, 2235)