Nevada Revised Statutes 695B.258 – Extension of coverage under existing group contract
Current as of: 2023 | Check for updates
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The medical service corporation may elect to extend coverage of a subscriber under the existing group contract for a period not to exceed 6 months following the day of the person‘s eligibility for a converted contract if the conversion privilege is offered upon termination of the extended coverage under the group contract.
Terms Used In Nevada Revised Statutes 695B.258
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039