NRS695H.090. Application for registration; forms; fees; contents; renewal of registration; regulations.

      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.

      (Added to NRS by 2005, 2101; A 2009, 1821; 2011, 3416)