On June 2, 2021, Nevada enacted a new law regarding medical collections (SB 248), which went into effect July 1, 2021, and, to put it nicely, left much to be desired in terms of clarity. In an effort to better understand the enigma that is SB 248, the Consumer Relations Consortium (CRC) sent nine questions to the Nevada Financial Institutions Division (NFID) and received responses on June 25, 2021.
The questions and responses are shown below in their entirety. While useful, it is important to note that these responses are not official interpretations.
Questions and Answers:
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