The purpose of the Retiree Health Care Act is to provide comprehensive core group health insurance for persons who have retired from certain public service in New Mexico. The purpose is to provide eligible retirees, their spouses, dependents and surviving spouses and dependents with health insurance consisting of a plan or optional plans of benefits that can be purchased by funds flowing into the retiree health care fund and by co-payments or out-of-pocket payments of insureds.
History: Laws 1990, ch. 6, ยง 2.
Structure 2021 New Mexico Statutes
Chapter 10 - Public Officers and Employees
Article 7C - Retiree Health Care
Section 10-7C-1 - Short title.
Section 10-7C-2 - Purpose of act.
Section 10-7C-3 - Legislative findings and declaration of policy.
Section 10-7C-4 - Definitions.
Section 10-7C-5 - Authority created.
Section 10-7C-6 - Board created; membership; authority.
Section 10-7C-7 - Board; duties.
Section 10-7C-7.2 - New Mexico finance authority revenue bonds; purpose; appropriation.
Section 10-7C-8 - Fund created; investment; premiums; appropriation.
Section 10-7C-9 - Participation.
Section 10-7C-10 - Expulsion from program for falsification.
Section 10-7C-11 - Purchase of group insurance.
Section 10-7C-12 - Automatic coverage; effect of preexisting conditions.
Section 10-7C-13 - Payment of premiums on health care plans.
Section 10-7C-14 - Exemption from legal process.
Section 10-7C-15 - Retiree health care fund contributions.