New Mexico Statutes

§ 59A-46-25 — Penalties and enforcement

New Mexico·Ch. 59A Insurance Code·Art. 46 Health Maintenance Organizations
A.The superintendent may, in lieu of suspension or revocation of a certificate of authority pursuant to the provisions of Section 59A-46-20 NMSA 1978, levy an administrative penalty in an amount up to five thousand dollars ($5,000), except that if the violation is willful or intentional, the administrative penalty may be up to ten thousand dollars ($10,000). The superintendent may augment this penalty by an amount equal to the sum that he calculates to be the damages suffered by enrollees or other members of the public.
B.If the superintendent shall for any reason have cause to believe that any violation of the provisions of the Health Maintenance Organization Law has occurred or is threatened, the superintendent may give notice to the health maintenance organization and to the represent

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Legislative History

1978 Comp., § 59A-46-25, enacted by Laws 1993, ch. 266, § 25.

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