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, 2024. On December 20, 2023, the Superintendent also adopted an amendment to 13.10.34 NMAC, adding Sections 23 and 24, which will be effective on January 1, 2025, and April 1, 2026.