An administrator shall approve or deny a claim within 30 days of receipt. If approved, the administrator shall pay the claim within 30 days after it is approved. If the approved claim is not paid within that period, the administrator shall pay interest of the prime rate at the largest bank in Nevada plus 6 percent.

Link to Existing Law: Nev. Rev. Stat. Ann. Title 57 Ch. 683 §683A.0879

While PBMs are not specifically mentioned, they are likely included in the definition of administrator.