The superintendent shall adopt and promulgate rules to establish standards for rates, including medical loss ratios, of short-term plans and excepted benefits plans. Rules relating to rates shall be based on generally recognized and current actuarial standards.
§ 59A-23G-5 NMSA 1978
Rates; medical loss ratios
Known as the Short-Term Health Plan and Excepted Benefit Act
The act spans §§ 59A-23G-1 to 59A-23G-9 (13 sections).
Laws 2019, ch. 235, § 5.
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.