689C.330 - When insurer is required to allow employee to continue coverage after employee is no longer covered by health benefit plan.
689C.330 When insurer is required to allow employee to continue coverage after employee is no longer covered by health benefit plan.
1. Any policy or contract of insurance delivered or issued for delivery in this state under a health benefit plan which provides for coverage of benefits under the plan on an expense-incurred basis must contain a provision that the employee is entitled to have issued to him or her by the insurer a policy of health insurance when the employee is no longer covered by the health benefit plan.
2. The requirement in subsection 1 only applies to a policy or contract of insurance issued under a health benefit plan if:
(a) The termination of coverage is not because of termination of the health benefit plan, unless the termination of the health benefit plan resulted from the failure of the employer to remit the required premiums;
(b) The termination is not because of failure of the employee to remit any required contributions;
(c) The employee has been continuously insured under any health benefit plan of the employer for at least 3 consecutive months immediately preceding the termination; and
(d) The employee applies in writing for the converted policy and pays the first premium to the insurer not later than 31 days after the termination.
(Added to NRS by 1995, 986)