N.M. Admin. Code § 13.21.2.15 - EXPIRATION OF ADMISSION AND RENEWAL OF ADMISSION
A. Admission to the fund expires:
(1) as to a health care provider evidencing
financial responsibility other than by self-insurance, on and as of:
(a) the effective date and time of
termination or cancellation of the policy of the health care provider's
malpractice liability coverage; or
(b) the last day of the applicable period for
which the prior annual surcharge applied in the event that the annual surcharge
for renewal coverage is not paid by the health care provider to the insurer on
or before 30 days following the expiration of the prior admission
period.
(2) as to a
self-insured health care provider on and as of:
(a) the effective date and time of
termination, cancellation or impairment of the health care provider's financial
responsibility; or
(b) the last day
of the applicable period for which the prior surcharge applied in the event
that the surcharge for renewal coverage is not paid by the health care provider
to the superintendent on or before 30 days following the expiration of the
prior admission period.
B. Admission to the fund must be renewed by
each qualified health care provider on or before expiration of the admission
period in accordance with these rules.
Notes
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