2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 23C - Small Group Rate and Renewability
Section 59A-23C-4 - Health insurance plans subject to the Small Group Rate and Renewability Act.
59A-23C-4. Health insurance plans subject to the Small Group Rate and Renewability Act.
A. Except as provided in Subsections B and C of this section, the provisions of the Small Group Rate and Renewability Act apply to any health benefit plan that provides coverage to one or more employees of a small employer.
B. The provisions of the Small Group Rate and Renewability Act shall not apply to individual health insurance policies that are subject to policy form and premium rate approval as provided in Section 59A-18-12, 59A-18-13, 59A-44-16, 59A-46-8, 59A-47-25 or 59A-47-26 NMSA 1978.
C. Any policies or certificates of a master policy that because of solicitation by agents or through the mail or mass media advertising are treated as individual policies and subject to the approvals stated in Subsection B of this section.
History: Laws 1991, ch. 153, 4.
