Section 59A-15-15 - Purpose.

NM Stat § 59A-15-15 (2019) (N/A)
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The purpose of the Health Care Benefits Jurisdiction Act [59A-15-14 to 59A-15-19 NMSA 1978] is to assure the superintendent's jurisdiction over providers of health care benefits in this state; to indicate how each provider of health care benefits may demonstrate under which regulatory jurisdiction it falls; to allow for examinations by the superintendent if the provider of health care benefits is unable to demonstrate that it is subject to another regulatory jurisdiction; and to require disclosure to purchasers of such plans information as to whether the plans are fully insured.

History: 1978 Comp., § 59A-15-15, enacted by Laws 1991, ch. 125, § 21.