The New Mexico State Legislature appropriated $5 million to the New Mexico Office of Superintendent of Insurance (OSI) to address medical malpractice insurance costs for individual providers. The appropriation was part of a supplemental appropriation package passed in 2025.

This one-time appropriation directs OSI to provide a premium subsidy for private medical malpractice insurance policies. OSI issued a data call to medical malpractice carriers to determine premiums written for independent providers. OSI used this data to determine a premium percentage reduction to apply to premiums for eligible providers. Bulletin # 2026-010 creates the one-time Medical Malpractice Premium Reduction (MMPR), program eligibility, a premium reduction percentage, the process for disbursing premium reductions, carrier reimbursement and reporting, and the timeline for disbursements and reporting.

Provider Eligibility and Qualifying Carriers

Independent providers and independent group practices that purchased medical professional liability insurance in 2025 that were reported to OSI in a data call issued on April 10, 2026 qualify for the MMPR. Participation in the Patients’ Compensation Fund is not required to qualify for the MMPR. Surplus & excess line policies and risk retention group policies are not eligible for the MMPR.

Below is a list of Qualifying Carriers that must provide the MMPR to eligible providers described in this
Bulletin:

For complete content please see PDF below.

MEDICAL MALPRACTICE PREMIUM REDUCTION