Nevada § 695B.2555 Benefits payable under converted contract authorized to be reduced by amount payable under group contract; limitation

Nevada Statutes

§ 695B.2555 — Benefits payable under converted contract authorized to be reduced by amount payable under group contract; limitation

Nevada § 695B.2555

Title 57INSURANCE

Ch. 695BNonprofit

CONVERSION OF GROUP CONTRACTS TO INDIVIDUAL CONTRACTS

This text of Nevada § 695B.2555 (Benefits payable under converted contract authorized to be reduced by amount payable under group contract; limitation) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 695B.2555 (2026).

Text

A converted contract may provide that any hospital, surgical or medical benefits payable under it may be reduced by the amount of any benefits payable under the group contract after his or her termination. A converted contract may provide that during the first contract year the benefits payable under it, together with the benefits payable under the group contract, must not exceed those that would have been payable if the subscriber’s coverage under the group contract had remained in effect.

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A converted contract may provide that any hospital, surgical or medical benefits payable under it may be reduced by the amount of any benefits payable under the group contract after his or her termination. A converted contract may provide that during the first contract year the benefits payable under it, together with the benefits payable under the group contract, must not exceed those that would have been payable if the subscriber’s coverage under the group contract had remained in effect.