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2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 23C - Small Group Rate and Renewability
Section 59A-23C-2 - Purpose of act.
Universal Citation: NM Stat § 59A-23C-2 (2017)
59A-23C-2. Purpose of act.
The purpose of the Small Group Rate and Renewability Act is to promote the continuing availability of health insurance coverage to small employers, to prevent abusive rating practices, to require disclosure of rating practices to purchasers, to establish rules for continuity of coverage for employers and covered individuals and to improve the efficiency and fairness of the small group health insurance marketplace.
History: Laws 1991, ch. 153, 2.
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