New Mexico Statutes
Chapter 59A - Insurance Code
Article 54 - Medical Insurance Pool

Section 59A-54-1 - Short title. - Chapter 59A, Article 54 NMSA 1978 may be cited as...

Section 59A-54-2 - Purpose. - The purpose of the Medical Insurance Pool Act is to...

Section 59A-54-3 - Definitions. - As used in the Medical Insurance Pool Act: A. "board"...

Section 59A-54-4 - Pool created; board. - A. There is created a nonprofit entity to be known...

Section 59A-54-5 - Plan of operation. - The plan of operation submitted by the board to the...

Section 59A-54-6 - Notice of pool. - A. Every insurer shall provide a notice and an application...

Section 59A-54-7 - Board; powers and duties. - The board shall have the general powers and authority granted...

Section 59A-54-7.1 - Prescription drug program; cost-sharing. - A. The board may establish a prescription drug program, in...

Section 59A-54-7.2 - Expansion of programs pursuant to federal law. - The board may: A. establish a health plan to offer...

Section 59A-54-8 - Examination. - The pool shall be subject to and responsible for examination...

Section 59A-54-9 - Policy forms. - All policy forms issued by the pool shall conform in...

Section 59A-54-10 - Assessments. - A. Following the close of each fiscal year, the pool...

Section 59A-54-11 - Pool administrator; selection; duties. - A. The board shall select a pool administrator through a...

Section 59A-54-12 - Eligibility; policy provisions. - A. Except as provided in Subsection B of this section,...

Section 59A-54-13 - Benefits. - A. The health insurance policy issued by the pool shall...

Section 59A-54-14 - Deductibles; coinsurance; maximum out-of-pocket payments. - A. Subject to the limitation provided in Subsection C of...

Section 59A-54-15 - Dependent family member required coverage; employer responsibilities. - A. An employer is authorized to make a payroll deduction...

Section 59A-54-16 - Pool policy. - A. A pool policy offered under the Medical Insurance Pool...

Section 59A-54-17 - Rules. - The superintendent shall: A. adopt rules that provide for disclosure...

Section 59A-54-18 - Collective action. - Neither the participation by insurers in the pool, the establishment...

Section 59A-54-19 - Rates; standard risk rate. - A. The pool shall determine a standard risk rate by...

Section 59A-54-20 - Benefit payments reduction. - A. The pool shall be the last payer of benefits...

Section 59A-54-21 - Exemption. - The pool is exempt from payment of all fees and...