Section 689C.1565 - Coverage to small employers not required under certain circumstances; notice required to Commissioner of and prohibition on writing new business after election not to offer new coverage required1. A carrier is not required to provide coverage to small employers pursuant to NRS 689C.156: (a) During any period in which the Commissioner determines that requiring the carrier to provide such coverage would place the carrier in a financially impaired condition.(b) If the carrier elects not to offer any new coverage to any small employers in this State. A carrier that elects not to offer new coverage in accordance with this paragraph may maintain its existing policies issued to small employers in this State, subject to the requirements of 689C.310 and 689C.320.2. A carrier that elects not to offer new coverage pursuant to paragraph (b) of subsection 1 shall notify the Commissioner forthwith of that election and shall not thereafter write any new business to small employers in this State for 5 years after the date of the notification.Added to NRS by 1997, 2920Amended by 2013, Ch. 541,§70, eff. 6/12/2013 for the purpose of adopting regulations; and on 1/1/2014 for all other purposes.Added to NRS by 1997, 2920