2006 New Mexico Statutes - Section 59A-56-15 — Notice of alliance by members.

59A-56-15. Notice of alliance by members.

A.     By January 1, 1995, members shall provide notice and applications for coverage through the alliance to a small employer that receives:   

(1)     a rejection of coverage for health insurance;   

(2)     a notice that the rate for health insurance similar to coverage through the alliance will exceed the maximum rate of health insurance through the alliance; or   

(3)     a notice of reduction or limitation of coverage, including a restrictive rider, from a provider of health insurance, if the effect of the reduction or limitation is to substantially reduce coverage compared to the coverage available to a small group considered a standard risk for the type of coverage provided by an approved health plan.   

B.     The notice shall state that the small employer is eligible but is not required to apply for health insurance provided through the alliance. Application for the health insurance shall be on forms prescribed by the board and made available to all members.