N.M. Admin. Code § 13.10.34.6 - OBJECTIVE

The purpose of this rule is to establish regulatory requirements for the subject excepted benefit plans. The rule will standardize and simplify the terms and coverages; facilitate public understanding and comparison of coverage; eliminate provisions that may be misleading or confusing in connection with the purchase and renewal of the coverages or with the settlement of claims and require disclosures in the marketing and sale of subject excepted benefit plans.

Notes

N.M. Admin. Code § 13.10.34.6

Adopted by New Mexico Register, Volume XXXI, Issue 18, September 29, 2020, eff. 10/1/2020, Amended by New Mexico Register, Volume XXXII, Issue 18, September 28, 2021, eff. 9/16/2021, Amended by New Mexico Register, Volume XXXIII, Issue 05, March 8, 2022, eff. 3/8/2022, Adopted by New Mexico Register, Volume XXXIII, Issue 15, August 9, 2022, eff. 7/1/2023