The Nevada Division of Insurance has adopted Regulation R134-24 (LCB File No. R134-24), amending Chapter 686B of the Nevada Administrative Code to clarify reporting requirements for Dental Insurance under NRS 686B.125.
Under the regulation, the Nevada Commissioner of Insurance requires insurers to file an annual report by May 1 on a prescribed form. The report must include all losses incurred from stand-alone dental insurance during the previous calendar year and paid through March 31 of the filing year. It must also detail all premiums earned from stand-alone dental insurance during the previous calendar year.
Insurers must separately report losses and premiums for the individual, small employer, and large employer markets. The regulation defines “loss” as a direct claim incurred and “premium” as a direct premium earned. “Small employer” carries the meaning set out in NRS 689C.095.
The rule includes a transition period. Despite the new requirements, insurers and other entities licensed under Title 57 of NRS that provide dental coverage in Nevada are not required to submit a report until May 1, 2026. The first filing must include, where applicable, separate data for calendar years 2023, 2024, and 2025, as directed by the Commissioner.
The regulation defines “stand-alone dental insurance” as a policy that pays for or reimburses any portion of dental care costs, as defined in NRS 695D.030, and is issued separately from any health insurance policy.
For reporting purposes, the Commissioner interprets the statutory phrase “insurer, organization or person licensed pursuant to this title who provides coverage for dental care in this State” to apply only to entities licensed under Title 57 of NRS that offer stand-alone dental insurance in Nevada.