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2025-126D
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2025-126D
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Last modified
9/18/2025 10:43:54 AM
Creation date
9/8/2025 1:42:16 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/03/2025
Control Number
2025-126D
Agenda Item Number
13.D.1.
Entity Name
Rightway Healthcare, Inc.
Subject
Pharmacy Benefit Management Services Agreement
Document Relationships
2025-126
(Cover Page)
Path:
\Official Documents\2020's\2025
2025-126A
(Cover Page)
Path:
\Official Documents\2020's\2025
2025-126B
(Cover Page)
Path:
\Official Documents\2020's\2025
2025-126C
(Cover Page)
Path:
\Official Documents\2020's\2025
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Docusign Envelope ID: 92lF7A24-D5CE-4BCC-9F3C-5E7844661266 <br />5. Claim Coverage. <br />5.1 Except as otherwise provided in subsection 5.2 of this Addendum and NRS 43913.754, <br />Administrator shall approve or deny a Claim relating to health insurance coverage within thirty (30) days <br />after Administrator receives the Claim. If the Claim is approved, Administrator shall pay the Claim within <br />thirty (30) days after it is approved. Except as otherwise provided in this section, if the approved Claim is <br />not paid within that period, Administrator, in accordance with the terms and conditions of the Agreement, <br />shall pay interest on the Claim at the rate of interest equal to the prime rate at the largest bank in Nevada, <br />as ascertained by the Commissioner of Financial Institutions, on January 1 or July 1, as the case may be, <br />immediately preceding the date on which the payment was due, plus six (6) percent. The interest must be <br />calculated from thirty (30) days after the date on which the Claim is approved until the date on which the <br />Claim is paid. Nevada Rev. Stat. § 683A.0879(1). <br />5.2 If Administrator requires additional information to determine whether to approve or deny <br />the Claim, Administrator shall notify the claimant of Administrator's request for the additional information <br />within twenty (20) days after receiving the Claim. Administrator shall notify the provider of health care of <br />all the specific reasons for the delay in approving or denying the Claim. Administrator shall approve or <br />deny the Claim within thirty (30) days after receiving the additional information. If the Claim is approved, <br />Administrator shall pay the Claim within thirty (30) days after receiving the additional information. If the <br />approved Claim in not paid within that period, Administrator shall pay interest on the Claim in the manner <br />prescribed in subsection V(A) of this Addendum and in accordance with the terms and conditions of the <br />Agreement. Nevada Rev. Stat. § 683A.0879(2). <br />5.3 Administrator shall not request a claimant to resubmit information that the claimant has <br />already provided to Administrator, unless Administrator provides a legitimate reason for the request and <br />the purpose of the request is not to delay the payment of the Claim, harass the claimant or discourage the <br />filing of Claims. Nevada Rev. Stat. § 683A.0879(3). <br />5.4 Administrator shall not pay only part of a Claim that has been approved and is fully paya- <br />ble. Nevada Rev. Stat. § 683A.0879(4). <br />5.5 A court shall award costs and reasonable attorney's fees to the prevailing party in an action <br />brought pursuant to Nevada Revised Statutes § 683A.0879. Nevada Rev. Stat. § 683A.0879(5). <br />6. Claims Payment. To the extent Administrator pays a Claim from money collected for or on behalf <br />of Insurer, such Claim shall be paid by a check or draft upon and as authorized by Insurer. Nevada Rev. <br />Stat. § 683A.088. <br />7. Compensation. The compensation paid to Administrator for its services may be based upon <br />charges collected, on number of Claims paid or processed or on any other basis agreed upon by Adminis- <br />trator and Insurer, but may not be based upon or contingent upon: (i) the Claim experience of the policies <br />that Administrator handles; or (ii) the savings realized by Administrator by adjusting, settling or paying the <br />losses covered by Insurer. Nevada Rev. Stat. § 683A.0883. <br />8. Fiduciary Accounts: Deposits; Records; Withdrawals. The Parties agree that Administrator <br />will not collect insurance charges or premiums on behalf of Insurer. Return premiums received from In- <br />surer, if any, are held by Administrator in a fiduciary capacity. Money must be remitted within 15 days to <br />135 <br />This document is CONFIDENTIAL AND PROPRIETARY to RIGHTWAY Healthcare, Inc. and may not be reproduced, <br />transmitted, published, or disclosed to others without the prior written authorization of RIGHTWAY Healthcare, Inc. <br />
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