Bulletins

Insurance Bulletins

October 9th, 2019 (Bulletin 2019-016) – New Law Allowing All Property and Casualty Insurers to Offer Inducements Up To $100 Per Year to Customers and Perspective Customers.

 

October 9th, 2019 (Bulletin 2019-015) – HB311 Implementation Guidance

 

September 3rd, 2019 (Bulletin2019-014) – Prior Authorization Form

 

August 12th, 2019 (Bulletin2019-012) – S.B. 337, Surprise Billing Protection Act.

 

August 1st, 2019 (Bulletin2019-013) – Mandatory Excepted Benefit Plans Disclosure (This bulletin supersedes and replaced Bulletin 2016-010).

 

July 19th, 2019 (Bulletin 2019-011) – Prior Authorization Data Call

 

June 27, 2019 (Bulletin 2019-010) – This Bulletin supersedes and replaces Bulletin 2018-006 – Interest rate applicable to unpaid claims 45 days after required proof of loss has been furnished.

 

May 31, 2019 (Bulletin 2019-009) – H.B. 436, Align health insurance law with federal law, and H.B. 285, the short – term health plan and excepted benefit act.

 

May 13, 2019 (Bulletin 2019-008) – Annual Rate and Form Filing Fees Owed Pursuant to NMSA 1978, 59A-6-1.2.

 

May 10, 2019 (Bulletin 2019-007) – S.B. 337, Surprise Billing Protection Act.

 

May 1, 2019 (Bulletin 2019-006) – Group excepted benefit health policy annual certification and informational policy filing.

 

April 25, 2019 (Bulletin 2019-005) – Sale of Short-Term, Limited-duration plans.

 

April 17, 2019 (Bulletin 2019-004) – Annual rate and form filing fees owed pursuant to NMSA 1978, 59A-6-1.2

 

April 3, 2019 (Bulletin 2019-003) – Termination of all major medical plans that are non-compliant with the Affordable Care Act (“ACA”) requirements.

 

January 25, 2019 (Bulletin 2019-002) – Notice to insurance companies regarding policyholders affected by the federal government shutdown.

 

January 3, 2019 (Bulletin 2019-001) – The reporting requirements of section 13.10.20.10(D) NMAC

December 4, 2018 (Bulletin 2018-019) – Data call for policy language, rates, plan status and enrollment.

 

November 30, 2018 (Bulletin 2018-018) – Life and Health group policy annual certification and informational policy filing.

 

November 29, 2018 (Bulletin 2018-017) – Procedures for filing and penalty notice and demand for failure to report or pay premium taxes and fees as required by NMSA 1978, 59A-6-4.

 

October 22, 2018 (Bulletin 2018-016) – Catastrophe Claim Processing

 

October 5, 2018 (Bulletin 2018-015) – Lines of Authority (This Bulletin withdraws and replaces Bulletin 2017-011)

 

September 25, 2018 (Bulletin 2018-014) – Long-Term Care Partnership Offerings

 

August 23, 2018 (Bulletin 2018-013) – Transgender non-discrimination in health insurance benefits.

 

August 1, 2018 (Bulletin 2018-012) – Correction to flood insurance – Specialized training requirement.

 

July 31, 2018 (Bulletin 2018-011) – Regulation of guaranteed asset protection products by the New Mexico Office of Superintendent of Insurance.

 

July 6, 2018 (Bulletin 2018-010) – Groups of Retirees.

 

June 26, 2018 (Bulletin 2018-009) – Due date for annual rate and form filing fees owed pursuant to NMSA 1978, 59a-6-1.2.

 

June 26, 2018 (Bulletin 2018-008) – Change to reporting and payment to vehicle insurance premium tax beginning July 1, 2018.

 

June 26, 2018 (Bulletin2018-007) – Electronic filing requirement beginning July 1st, 2018 for all premium tax reports and payments.

 

June 21, 2018 (Bulletin 2018-006) – Interest rate applicable to unpaid claims 45 days after required proof of loss has been furnished.

 

May 17, 2018 (Bulletin 2018-005) – Replacing Bulletin Numbers 2015-014, 2015-027 and Bulletin 2018-005 – Application of Medical Insurance Pool (MIP) Credits to Premium Tax Liability, Section 59A-54-10 NMSA 1978.

 

April 13, 2018 (Bulletin 2018-004) – Refunds, credits, and transfers of premium tax and health insurance surtax, and fees, licenses, and penalties.

 

April 2, 2018 (Bulletin 2018-003) – Service Contract Providers.

 

February 9, 2018 (Bulletin2018-002) – Interest Rate Applicable to Unpaid Claims 45 Days After Required Proof of Loss Has Been Furnished.

 

January 5, 2018 (Bulletin 2018-001) – Expiration Date: May 16, 2018 – Replacing Bulletin Numbers 2015-014 and 2015-027 – Application of Medical Insurance Pool (MIP) Credits to Premium Tax Liability, Section 59A-54-10 NMSA 1978.

December 29, 2017 (Bulletin 2017-017) – Notice of Compliance Requirements Effective Immediately.

 

December 19, 2017 (Bulletin 2017-016) – Reimbursement Insurance Policy Requirements and Related Notifications to Service Contract Holders.

 

December 13, 2017 (Bulletin 2017-015) – Notice of Proposed Rulemaking – Resident Licensing Requirements.

 

November 8, 2017 (Bulletin 2017-014) – Reimbursement Insurance Policy Requirements and Related Notifications to Service Contract Holders.

 

October 13, 2017 (Bulletin 2017-013) – Requirement to bring non-complaint forms into compliance.

 

August 25, 2017 (Bulletin 2017-012) – Adjustment of Presumptively Acceptable Credit Life Insurance and Credit Accident and Health Insurance Premium Rates

 

August 22, 2017 (Bulletin 2017-011) – Types of Insurance Authorized Based on Type of Certificate

 

August 9, 2017 (Bulletin 2017-010) – Instructions for Applying for a License.

 

July 31, 2017 (Bulletin 2017-009) – Out-Of-Network Emergency Care and Cost-Sharing.

 

August 01, 2017 (Bulletin 2017-008) – Escrow Compliance – Best Practices

 

June 16, 2017 (Bulletin 2017-007) – Annual Rate and Form Filing Fees.

 

May 15, 2017 (Bulletin2017-006(Updated) – Catastrophe Declaration. .

 

May 15, 2017 (Bulletin 2017-006) – Catastrophe Declaration. .

 

May 10, 2017 (Bulletin 2017-005) – All insurance carriers that offering or seeking to offer medical stop-loss coverage.

 

May 10, 2017 (Bulletin 2017-004) – All insurance carriers that offer or administer life or health-related insurance plans.

 

May 10, 2017 (Bulletin 2017-003) – All insurance carriers that offer or administer life or health-related insurance plans.

Bulletin Updated – Refer to Bulletin# 2017-013

 

April 20, 2017 (Bulletin 2017-002) – Revocation of Bulletin 2016-019 – Effective 04-20-2017

 

February 16, 2017 (Bulletin 2017-001) – Interest rate applicable to unpaid claims 45days after required proof of loss has been furnished

December 29, 2016 (Bulletin 2016-019-UPDATED) – Bulletin 2016-019 has been updated on December 29, 2016, to extend the date for compliance to December 31, 2017 (Please refer to THIS VERSION ONLY).

Bulletin Revoked – Refer to Bulletin# 2017-002

 

December 22, 2016 (Bulletin 2016-027) – Interpretation of Service Contract Delivery Requirement

December 1, 2016 (Bulletin2016-026) – Electronic Filing Procedures Effective December 1, 2016

 

November 29, 2016 (Bulletin2016-025) – Revised – Provider Directories

 

October 7, 2016 (Bulletin 2016-024) – All companies licensed by The New Mexico Office of Superintendent of Insurance

 

October 14, 2016 (Bulletin 2016-023)- Revised – Pro – All Title Bureau licensees.

 

September 30, 2016 (Bulletin 2016-022) – All health insurance carriers that offer or administer qualified health plans on the New Mexico Health Insurance Marketplace

 

August 23, 2016 (Bulletin 2016-021) – Enforcement of the Pharmacy Benefits Manager Regulation Act »

 

August 22, 2016 (Bulletin 2016-019) – Requirement to update all non-compliant forms – This bulletin is superseded by the bulletin issued on December 29, 2016 » Bulletin Revoked – Refer to Bulletin# 2017-002

 

August 22, 2016 (Bulletin 2016-018) – SECOND STOP LOSS DATA CALL »

 

July 18, 2016 (Bulletin 2016-017) – Payment of funds by electronic funds transfer »

 

June 22, 2016 (Bulletin 2016-016) – STOP LOSS DATA CALL »

 

June 6, 2016 (Bulletin 2016-015) – Definition of Escrow officer in section 13.14.1.11 NMAC »

 

May 26, 2016 (Bulletin 2016-014) – Provider Directories »

 

May 19, 2016 (Bulletin 2016-013) – 2017 Plan Year Contingency »

 

May 23, 2016 (Bulletin 2016-012) – “Standard exception 5” Under Schedule B »

 

April 29, 2016 (Bulletin 2016-011-Corrected for typographical errors) – Federal requirement that carriers cover certain tobacco cessation products without consumer cost-sharing »

 

April 13, 2016 (Bulletin 2016-010) – Excepted benefit plans disclosure [Repeals and replaces insurance bulletins No. 2014-003 and 2015-015 »

 

April 11, 2016 (Bulletin 2016-009) – Requirements for rate and form & rate filing submissions »

 

March 30, 2016 (Bulletin 2016-008) – Revised rates for the Patients Compensation Fund »

 

March 21, 2016 (Bulletin 2016-007) – Adjustment of presumptively acceptable credit life insurance and credit card accident and health insurance premium rates »

 

March 16, 2016 (Bulletin 2016-006) – Defense costs within limits of EPLI policies »

 

March 9, 2016 (Bulletin 2016-005) – Revised effective date for grievance procedures »

 

February 29, 2016 (Bulletin 2016-004) – Regarding certain title insurance administrative rules effective March 1, 2016 »

 

February 17, 2016 (Bulletin2016-003) – Interest rate applicable to unpaid claims 45 days after required proof of loss has been furnished »

 

February 2, 2016 (Bulletin2016-002) – Requirement for a summary of benefits and coverage(“SBC”) »

 

January 15, 2016 (Bulletin 2016-001) – CONSUMER NOTIFICATION: Affordable care act data matching »

December 22, 2015 (Bulletin 2015-032) – Suspension of BULLETIN NO.2015-32 »

 

November 13, 2015 (Bulletin 2015-031) – Premium surtax pursuant to NMSA 1978 section 59A-6-2(c) health insurance coverage requirements pursuant to articles 46 and 47 of the insurance code. »

 

November 13, 2015 (Bulletin 2015-030) – Interpretation and application of NMSA 1978 59A-11-3(A) and 59A-12-15 »

 

November 16, 2015 (Bulletin 2015-029) – Clarification of Small Groups Sales Going Forward »

 

October 28, 2015 (Bulletin 2015-028) – Definition of “SMALL GROUP” under PACE Act »

 

October 9, 2015 (Bulletin 2015-027) – Application of Medical Insurance Pool (MIP) credits to premium tax liability, NMSA 1978, Section 59A-54-10- Amended. »

 

October 9, 2015 (Bulletin 2015-026) – Catastrophe Declaration »

 

September 17, 2015 (Bulletin 2015-025) – Biographical Affidavits »

 

July 14, 2015 (Bulletin 2015-024) – Affordable Care Act Large Group Market Transitional Policy. »

 

July 18, 2015 (Bulletin 2015-023) – Requirements for providing services, and accounting procedures and internal controls pursuant to 13.14.4.8 g AND 13.14.4.10 J NMAC. »

 

June 4, 2015 (Bulletin 2015-022) – Requirement to submit a complete application pursuant to NMSA 1978 59A-11-1 et seq. and 13.4.1 through 13.4.6 NMAC »

 

June 3, 2015 (Bulletin 2015-021) – Extended transition for small group plans, amended this bulletin supersedes no. 2015-012. »

 

May 28, 2015 (Bulletin 2015-020) – NMSA 1978, 59A-16-17, unfair discrimination, rebates prohibited; other coverages »

 

June 4, 2015 (Bulletin 2015-019) – Pre-Licensing pursuant to NMSA 1978, 59A-51-4.1 AND 13.20.2 NMAC »

 

April 16, 2015 (Bulletin 2015-018) – Continuing education pursuant to NMAC 1978, 59A-51-4.1(B), effective May 21, 2014»

 

April 16, 2015 (Bulletin 2015-017) – Interpretation of 13.4.7.10 NMAC in context with 13.4.7.10 NMAC»

 

April 1, 2015 (Bulletin 2015-016) – Requirement for approval of Accident, Vision, Dental, Medical, Surgical, Hospital Expense, Long-Term Care, Medicare Supplement, Managed Health Care, and Health Insurance advertisements in The State of New Mexico. »

 

April 1, 2015 (Bulletin 2015-015) – Excepted benefit plans disclosure [Repeals and Replaces Insurance Bulletin No. 2014-003] »

 

Date: March 30, 2015 (Bulletin 2015-014) – Application of Medical Insurance Pool (MIP) credits to premium tax liability. »

 

Date: March 25, 2015 (Bulletin 2015-013) – Autism benefits-individual and small group plans. »

 

Date: March 25, 2015 (Bulletin 2015-012) – Extended transition for small group plans. »

 

Date: March 25, 2015 (Bulletin 2015-011) – NMHIX assessment estimates used in carrier actuarial submissions. »

 

Date: March 09, 2015 (Bulletin 2015-010) – Recision of “STOP LOSS” bulletin# 2015-005 »

 

Date: February 26, 2015 (Bulletin 2015-008) – Amendment To Compensation Provided Pursuant TO NMSA 1978, Section 59A-57-4.1 »

 

Date: February 27, 2015 (Bulletin 2015-007) – Export List »

 

Date: February 19, 2015 (Bulletin 2015-006) – Transparency of Costs to Insureds on All Health Insurance Forms »

 

Date: February 18, 2015 (Bulletin 2015-005) – Health “STOP LOSS” or “EXCESS BENEFIT” Insurance »

 

Date: February 12, 2015 (Bulletin 2015-004) – Interest Rate Applicable To Unpaid Claims 45 Days After Required Proof of Loss Has Been Furnished »

 

Date: February 5, 2015 (Bulletin 2015-003) – Property And Casualty Commercial Lines Insurers Doing Business In New Mexico »

 

Date: January 12, 2015 (Bulletin 2015-002) – Procedures for filing and penalty notice and demand for failure to report or pay premium taxes and fees as required by NMSA 1978, Section 59A-6-4 »

 

Date: January 6, 2015 (Bulletin 2015-001) – Legal documents being drawn by Title Companies »

December 09, 2014 (Bulletin 2014-018) – Approval of Health Insurance Forms

 

October 15, 2014 (Bulletin 2014-017) – Reasonable Assurance Regarding Pediatric Dental

 

Date: October 14, 2014 (Bulletin 2014-016) – Interpretation and application of NMSA 1978 59A-11-3(A) and 59A-12-15

 

Date: October 1, 2014 (Bulletin 2014-015) – Licensing and registration requirements for insurance consultants

 

Date: October 1, 2014 (Bulletin 2014-014) – Pharmacy benefit manager

 

Date: September 8, 2014 (Bulletin 2014-013) – Mental health parity and prevention (withdrawn)

 

Date: August 21, 2014 (Bulletin 2014-012) – Order for issuance of refunds to Title Insurance purchasers

 

Date: June 31, 2014 (Bulletin 2014-011) – Error in endorsement rates published July 31, 2014, in The New Mexico Register

 

Date: June 30, 2014 (Bulletin 2014-010) – The issue of rounding premium tax calculations.

 

Date: July 19, 2014 (Bulletin 2014-009) – Deadline to file reports is extended.

 

Date: June 10, 2014 (Bulletin 2014-008A)SUPPLEMENTAL – Documentation for Surplus Lines Premium Tax filings.

 

Date: May 15, 2014 (Bulletin 2014 -008(SL) – Surplus Lines Premium Tax Filings.

 

Date: April 02, 2014 (Bulletin 2014-007) – Medical Loss Ratio Reporting.

 

Date: April 02, 2014 (Bulletin 2014-006) – Grievances received and handled by a health care insurer during prior calendar year [Repeals and Replaces Insurance Bulletin No.2013-03].

 

Date: March 19, 2014 (Bulletin 2014-005) – Managed Health Care Insurance Cards [Repeals and Replaces Insurance Bulletin No.2011-008]

 

Date: January 14, 2014 (Bulletin 2014-004) – Rate and Form Filing Request for Confidential Information.

 

Date: January 14, 2014 (Bulletin 2014-003) – Excepted Benefit Plan Disclosure

 

Date: January 8, 2014 (Bulletin 2014-002) – This Bulletin hereby establishes the interest rate to be applied to unpaid claims after 45 days after required proof of loss has been furnished.

 

Date: January 7, 2014 (Bulletin 2014-001) – Requirements for a Summary of Benefits and Coverage(“SBC”) and a Uniform Glossary of Terms.