2018 New Mexico Statutes
Chapter 59A - Insurance Code
Article 23B - Minimum Healthcare Protection
Section 59A-23B-4 - Mandated and optional offering of policy or plan; exemption from certain requirements.

A. Every insurer, fraternal benefit society, health maintenance organization or nonprofit healthcare plan that provides primary health insurance or healthcare coverage that insures or covers major medical expenses to more than twenty-five thousand persons within the state shall offer a policy or plan that meets the requirements of the Minimum Healthcare Protection Act.

B. Insurers, fraternal benefit societies, health maintenance organizations and nonprofit healthcare plans not subject to the requirement of Subsection A of this section may offer policies or plans meeting the criteria set forth in Section 59A-23B-3 NMSA 1978.

C. No policy or plan offered pursuant to the provisions of this section shall be required to provide any specific healthcare services or coverage required by any other provision of law except those specifically required by the provisions of the Minimum Healthcare Protection Act.

History: Laws 1991, ch. 111, § 4; 1994, ch. 60, § 2.

The 1994 amendment, effective January 1, 1995, in the section heading, inserted "Mandated and optional offering of", and after "plan" deleted "authorization"; added Subsection A; designated the previously undesignated provisions as Subsections B and C; in Subsection B, inserted the language beginning "not subject to" before "may", and substituted "59A-23B-3 NMSA 1978" for "3 of the Minimum Healthcare Protection Act"; and inserted "offered pursuant to the provisions of this section" in Subsection C.

Applicability. — Laws 1994, ch. 60, § 4 makes the provisions of the act applicable to all plans and policies delivered, issued for delivery or renewed on or after January 1, 1995.