N.M. Admin. Code § 13.10.15.34 - FILING REQUIREMENTS
A. An
insurer shall not deliver or issue for delivery a policy or certificate to a
resident of this state unless the policy form or certificate form has been
filed with and approved by the superintendent in accordance with filing
requirements and procedures prescribed in Chapter 59A, Articles 18, 44, 46 and
47 NMSA 1978. Policies and certificates of a master policy issued as a result
of solicitations of individuals by agents, or through the mail or mass media
advertising, including both print and broadcast advertising, shall be treated
as individual policies for the purpose of this section.
B. An insurer shall not use or change premium
rates for a long-term care policy or certificate unless the rating schedule and
supporting documentation have been filed with and approved by the
Superintendent in accordance with the filing requirements and procedures of
this rule and Chapter 59A, Articles 18, 44, 46 and 47 NMSA 1978 in a form
acceptable to the Superintendent.
C. An insurer or a similar organization
offering group long-term care insurance to a resident of this state pursuant to
Section 59A-23A-5 NMSA 1978 shall file
with the Superintendent evidence that the group policy or certificate has been
approved by a state having statutory or regulatory long-term care insurance
requirements substantially similar to those adopted in this state.
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