The eligibility requirements for consolidated insurance programs for industrial insurance (workers' compensation construction wrap-ups) are set forth in Nevada Revised Statute (NRS) 616B. 710.
Nevada Revised Statute ("NRS") 687B.490 vests in the Commissioner of Insurance ("Commissioner") the authority to determine the adequacy of provider networks to be used by network plans made available for sale in this State.
Effective January 1, 2014, the following Bulletin is hereby withdrawn: Bulletin 11-010.
(Clarification of Bulletin 14-001) On March 25, 2014, the Division of Insurance (“Division”) issued Bulletin 14-001 in response to transitional policies proposed by the Centers for Medicare & Medicaid Services (“CMS”), which allowed health insurance plans that were not compliant with the Affordable Care Act (“ACA”) to be renewed through October 2016.
Federal regulations adopted October 30, 2013 permit a health insurance issuer in the small group market to make market-wide and plan-level adjustments to index rates no more frequently than quarterly.
On November 14, 2013 the Centers for Medicare & Medicaid Services (CMS), issued a letter to state insurance commissioners outlining a transitional policy permitting health benefit plans that are not compliant with the requirements of the Affordable Care Act (ACA) to be renewed between January 1, 2014 and October 1, 2014.
On January 24, 2013, the U.S. Department of Labor, the U.S. Department of Health and Human Services, and the U.S. Department of the Treasury (collectively “federal departments”) issued guidance regarding hospital indemnity and other fixed indemnity insurance plans.
(Applies to the following group and individual insurance lines:
Specified Disease, Intensive Care-Limited Benefit, Organ & Tissue
Transplant-Limited Benefit, Hospital Indemnity,
This Bulletin addresses filing and disclosure
requirements for supplemental or limited health plans in order to minimize
consumer confusion about whether these supplemental or limited health plans
meet requirements of the ACA
The Nevada Division of Insurance (“Division”) issues this Bulletin as
a reminder of the importance of providing consumers with information about
their health insurance coverage options under the Patient Protection and
Affordable Care Act. To that end, health
insurance carriers are encouraged to also provide information to their
customers about options available to Nevada consumers in the marketplace and on
Nevada’s State-Based Exchange through Nevada Health Link at http://www.nevadahealthlink.com. To do this, carriers may consider including the
following, or similar, language in correspondence to their consumers:
On October 22, 2013, the Division of Insurance (“Division”) issued Bulletin 13-008 to notify insurers that, effective October 1, 2013, Nevada law mandates all contracts that require a party to submit to arbitration for disputes under the contract must include specific authorization from the person agreeing to the contract in order for the arbitration clause to be valid, enforceable, and irrevocable ... The Division has received additional inquiries about the specific authorization.