October 15, 2025 News Releases COVERAGES FOR COMMERCIAL PROPERTIES IN NEW MEXICO FAIR PLAN INCREASE FROM $1 MILLION TO $2 MILLION Contact: Melissa Robertson, Property and Bureau ChiefEmail: Melissa.Robertson@osi.nm.gov Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) announced today that coverages for commercial properties under the New Mexico Fair Access to Insurance Requirements (FAIR) Plan have increased from $1 million to $2 million. This move will continue the positive trajectory […] Read More
October 15, 2025 Announcements 2026 Appointment Renewal Notice NOTICE-2025-10-15: The New Mexico Office of the Superintendent of Insurance (OSI) will process all company appointmentselectronically through the National Insurance Producer Registry (NIPR). The appointment renewal invoice will include all resident/nonresident appointment renewals. All agents will appear on the renewal list unless the agent was terminated by 11:59 p.m. CST on December 26, 2025. For complete […] Read More
October 15, 2025 Bulletins PHARMACY BENEFITS MANAGER APPLICATION FOR A LICENSE ANDLICENSE RENEWAL IN NEW MEXICO BULLETIN 2025-011: This bulletin repeals Bulletin No. 2023-001 dated January 3, 2023 and Bulletin No. 2023-035 issued on November 21, 2023. This Bulletin applies to any Pharmacy Benefits Manager (PBM) operating in the State of New Mexico that is required to be licensed in New Mexico pursuant to the Pharmacy Benefits Manager Act, Sections 59A-61-1 et seq. […] Read More
September 22, 2025 News Releases NEW MEXICO OFFICE OF THE SUPERINTENDENT OF INSURANCE APPROVES 2026 HEALTH INSURANCE PREMIUM RATES FOR SMALL GROUP HEALTH INSURANCE MARKET Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) has approved 2026 health insurance premium rates for the small group health insurance market. The average increase across all plans is 16.8%. The new rates take effect on January 1, 2026, when health insurance small group consumers in New Mexico will […] Read More
September 17, 2025 Bulletins COVERAGE FOR IMMUNIZATIONS IN 2025 AND 2026 PLAN YEARS BULLETIN 2025-009: This bulletin is issued in accordance with Sections 59A-2-8, 59A-2-10, 59A-18-13.2. 59A-18-13.3, and 59A-18-16.2(G)(2) NMSA 1978. The purpose of this bulletin is to clarify: Any changes to coverage for immunizations based on ACIP immunization guidance should be prospective to the 2027 plan year. Questions concerning these directives should be directed to the Life and Health […] Read More
August 26, 2025 Bulletins COVERAGE FOR CHILDHOOD IMMUNIZATIONS BULLETIN 2025-008: The Office of Superintendent of Insurance (OSI) is issuing this bulletin to remind insurers that pursuant to Sections 59A-22-34.3 and 59A-46-38.2 NMSA 1978 each individual and group health maintenance contract delivered or issued for delivery in this state shall provide coverage for childhood immunizations in accordance with the current schedule of immunizations recommended by the […] Read More
August 26, 2025 News Releases NEW MEXICO SUPERINTENDENT OF INSURANCE URGES CONSUMERS TO UNDERSTAND THEIR ROLE IN THE PRIOR AUTHORIZATION PROCESS Santa Fe, NM – The New Mexico Office of Superintendent of Insurance urges all health insurance consumers to actively monitor the status of any prior authorization requests submitted on their behalf. Prior authorization is your health insurance company’s review of a request for medication, procedure, or specialist visits before you get care. Sometimes prior authorization […] Read More
August 19, 2025 News Releases NEW MEXICO ANNOUNCES SIGNIFICANT RATE INCREASES FOR 2026 ACA PLANS, STATE PREMIUM SUPPORT WILL CONTINUE TO HELP ENROLLEES WITH COSTS Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) has approved 2026 rates for individual market Affordable Care Act (ACA) plans sold on and off BeWell, the New Mexico Health Insurance Marketplace, with an average increase of 35.7%. Today, 75,000 New Mexicans buy health insurance through BeWell and 88% of […] Read More
August 14, 2025 Bulletins STANDARD LANGUAGE, ADMINISTRATIVE DATA AND DISCONTINUATION NOTICES BULLETIN 2025-007: This Bulletin repeals and replaces Bulletins 2021-017 and 2021-023. The Office of Superintendent of Insurance (OSI) is amending the prior authorization standardized language previously issued in the bulletins to address the prohibitions outlined in Section 59A-22B-and 8 NMSA 1978. The Out-of-Network and Behavioral Health standardized language remains unchanged. Each issuer shall integrate the standardized language […] Read More
August 14, 2025 Bulletins NOTICE REQUIREMENT RELATED TO OFFERING VALUE-ADDED PRODUCTS AND SERVICES AND REQUIREMENTS FOR OFFERING VALUE-ADDED SERVICES PURSUANT TO SUBSECTION G OF SECTION 59A-16-17 NMSA 1978 BULLETIN 2025-006: This Amended Bulletin repeals and replaces Bulletin 2021-014. UPDATE: Bulletin 2025-006 was originally issued on August 14, 2025. An incorrect copy of the “Notification of Intent to Offer Value-Added Products and Services Filing Instructions and Form” was attached to the bulletin. This Amended Bulletin is being issued with the correct version of the “Notification of […] Read More
