March 21, 2024 News Releases NEW MEXICO INSURANCE REGULATOR ISSUES ORDER TO PROTECT SMALL HEALTH CARE PRACTICES FOR IMMEDIATE RELEASE March 21, 2024 Contact: Viara Ianakieva, Life and Health Division DirectorEmail: Viara.Ianakieva@osi.nm.gov New Mexico Insurance Regulator Issues Order to Protect Small Health Care Practices After Nationwide Change Healthcare Cyber Incident Santa Fe, N.M. – On Wednesday March 20, 2024, the New Mexico Office of Superintendent of Insurance (OSI) issued an order in […] Read More
March 6, 2024 Bulletins CYBER ATTACK DATA CALL BULLETIN 2024-004: The Office of Superintendent of Insurance is aware of the February 21, 2024, cyberattack on Change Healthcare, which has impacted health care operations nationwide. Though some entities have voluntarily notified the OSI of how this is impacting New Mexico residents, the responses received have not provided an accurate scope of the impact of this attack. […] Read More
February 20, 2024 Bulletins REQUIREMENT TO PROVIDE REPLACEMENT VALUE ON RESIDENTIAL PROPERTY BULLETIN 2024-003: THIS BULLETIN reminds insurers that all repairs or replacement of residential property must be covered at the cost to repair or replace, without deduction for depreciation. This bulletin is issued in accordance with Section 59-2-8 NMSA 1978, and with 13.1.2, 13.7.4, and 13.13.2 NMAC. Repair or replacement for a residential property is subject to all […] Read More
February 12, 2024 Announcements UPDATED NOTICE REGARDING THE OSI eDOCKET Due to the September 2023 Cyber Incident, our EDocket system had been inaccessible to the public and to OSI. The OSI IT team has been able to restore the EDocket system and it is now fully accessible! Again, we appreciate your patience and understanding. Should you have any issues with access, please send an email […] Read More
February 8, 2024 Announcements OSI has sponsored an online interactive pamphlet. The New Mexico Office of Superintendent of Insurance has sponsored an online interactive pamphlet. Please use the link below to access it. Are you prepared for a wildfire? Thanks Are You Prepared For a Wildfire Read More
February 1, 2024 Announcements NOTICE REGARDING THE OSI eDOCKET The New Mexico Office of Superintendent of Insurance is issuing this announcement regarding the OSI EDocket system. Due to the September 2023 Cyber Incident, our EDocket system has been inaccessible to the public and to OSI. The OSI IT team has been able to restore the EDocket system and will commence the process of making […] Read More
January 10, 2024 Bulletins NOTICE OF EXCEPTED BENEFIT DATA CALL AND COMPLIANCE PERIOD BULLETIN 2024-002: The Legislature enacted the Short-Term Health Plan and Excepted Benefit Act, NMSA 1978 § 59A-23G-1 through 59A-23G-6, on June 14, 2019. Pursuant to the Act, the Superintendent promulgated 13.10.34 NMAC to establish rules for excepted benefit insurance products subject to the Act (hereinafter “Excepted Benefit” or “Excepted Benefits”), which went into effect on January 1, […] Read More
January 3, 2024 Bulletins THE 2024 HEALTH INSURANCE MARKETPLACE AFFORDABILITY PROGRAM; DATA REPORTING PROCESS; PAYMENT PROCESS AND TIMELINE BULLETIN 2024-001: THIS BULLETIN is issued pursuant to NMSA 1978, Section 59A-23F-11, which established the Health Care Affordability Fund (HCAF) to “reduce health care premiums and cost sharing for New Mexico residents who purchase health care coverage on the New Mexico health insurance exchange” and 13.10.36 NMAC. This Bulletin sets forth requirements for individual market health insurance […] Read More
December 26, 2023 Bulletins BLANKET INSURANCE FORMS BULLETIN 2023-038: Blanket Insurance was explicitly authorized, and identified as a form of “health insurance”, under NMSA 1978 §59A-23-2. Blanket Insurance is subject to the requirements of Article 18 of the Insurance Code, including the provisions for prior approval of forms as outlined in NMSA 1978 §59A-18-12, and rates as outlined in NMSA 1978 §59A-18-13. The Superintendent […] Read More
December 21, 2023 News Releases CYBER INCIDENT UPDATE NEW MEXICO – Today, the New Mexico Office of Superintendent of Insurance (OSI) announced that its website is now fully functional. All complaint forms and the service of process functions are running at full capacity online. OSI’s systems were temporarily disabled in response to a cyber security incident in September of 2023. “Our team has […] Read More
