The purpose of the Long-Term Care Insurance Law is to promote the public interest in and the availability of long-term care insurance policies, protect applicants for long-term care insurance from unfair or deceptive sales or enrollment practices, establish standards for long-term care insurance, facilitate public understanding and comparison of long-term care insurance policies and facilitate flexibility and innovation in the development of long-term care insurance coverage.
§ 59A-23A-2 NMSA 1978
Purpose
Known as the Long-Term Care Insurance Law
The act spans §§ 59–59 (13 sections).
Laws 1989, ch. 136, § 2; 1993, ch. 126, § 7.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.