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NRS 689A.485 - “Bona fide association” defined.

NV Rev Stat § 689A.485 (2019) (N/A)
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“Bona fide association” means, with respect to health insurance coverage offered in this state, an association that:

1. Has been actively in existence for at least 5 years;

2. Has been formed and maintained in good faith for purposes other than obtaining insurance;

3. Does not condition membership in the association on any health status-related factor relating to an individual, including an employee of an employer or a dependent of an employee;

4. Makes health insurance coverage offered through the association available to all of its members regardless of any health status-related factors of the members or other individuals who are eligible for such health insurance coverage through a member of the association;

5. Does not make health insurance coverage offered through the association available other than in connection with a member of the association; and

6. Meets such additional requirements as may be imposed by specific statute.

(Added to NRS by 1997, 2883)

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