A. With policy, endorsement, rider and application forms and classification of risks filed by the insurer with the superintendent under Section 59A-18-12 NMSA 1978 as to health insurance and health care plans, the insurer shall also file with the superintendent its rates applicable to such health insurance forms. An insurer shall not use any form that has not been approved by the superintendent or that is not in effect in accordance with Section 59A-18-14 NMSA 1978.
B. All filings submitted pursuant to this section shall be filed electronically. The superintendent may designate an entity to receive the electronic filings submitted pursuant to this section.
History: Laws 1984, ch. 127, § 343; 1987, ch. 244, § 10; 2003, ch. 397, § 1; 2009, ch. 182, § 3; 2011, ch. 144, § 3.
Cross references. — For existing forms and filings, see notes following 59A-5-21 NMSA 1978.
The 2011 amendment, effective January 1, 2012, required insurers of health care plans to file their rates and eliminated the sixty day period before an increase in health insurance premiums may become effective.
The 2009 amendment, effective June 19, 2009, added Subsection C.
The 2003 amendment, effective June 20, 2003, inserted the Subsection A designation and added Subsection B.
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