New Mexico § 59A-54-6 Notice of pool

New Mexico Statutes

§ 59A-54-6 — Notice of pool

New Mexico § 59A-54-6

Ch. 59AInsurance Code

Art. 54Medical Insurance Pool

This text of New Mexico § 59A-54-6 (Notice of pool) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 59A-54-6 (2026).

Text

A. Every insurer shall provide a notice and an application for coverage by the pool to any person who receives:

(1)a rejection of coverage for health insurance or health care services;

(2)a notice that the rate for health insurance or coverage for health care services provided will exceed the rates of a pool policy;

(3)a notice of reduction or limitation of coverage, including a restrictive rider, from an insurer if the effect of the reduction or limitation is to substantially reduce coverage compared to the coverage available to a person considered a standard risk for the type of coverage provided by the plan; or (4) a termination of coverage for health insurance or health care services by either the carrier or the covered individual. B. The notice required by Subsection A of this sect

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A. Every insurer shall provide a notice and an application for coverage by the pool to any person who receives: (1) a rejection of coverage for health insurance or health care services; (2) a notice that the rate for health insurance or coverage for health care services provided will exceed the rates of a pool policy; (3) a notice of reduction or limitation of coverage, including a restrictive rider, from an insurer if the effect of the reduction or limitation is to substantially reduce coverage compared to the coverage available to a person considered a standard risk for the type of coverage provided by the plan; or (4) a termination of coverage for health insurance or health care services by either the carrier or the covered individual. B. The notice required by Subsection A of this section shall state that the person is eligible to apply for health insurance provided by the pool. Application for the health insurance shall be on forms prescribed by the board and made available to all insurers.