Section 52-6-3 – Scope.
The provisions of the Group Self-Insurance Act apply to groups. Except as provided by the provisions of that act, groups that are issued a certificate of approval by the director shall not be deemed to be insurers or businesses of insurance and shall not be subject to the provisions of the Insurance Code or other […]
Section 52-6-4 – Authority to act as a group.
No person, association or other entity shall act as a group unless it has been issued a certificate of approval by the director. History: Laws Laws 1986, ch. 22, § 78; 1990 (2nd S.S.), ch. 2, § 69. ANNOTATIONS The 1990 (2nd S.S.) amendment, effective January 1, 1991, substituted “director” for “superintendent”.
Section 52-6-5 – Initial approval and continued approval to act as a group; qualifications.
A. A proposed group shall file with the director an application for a certificate of approval accompanied by a nonrefundable filing fee in an amount established by the director. The application shall include the group’s name, the location of its principal office, the date of organization, the name and address of each member and such […]
Section 52-6-6 – Certificate of approval; termination.
A. The certificate of approval issued by the director to a group authorizes the group to provide workers’ compensation and occupational disease disablement benefits. The certificate of approval remains in effect until terminated at the request of the group or revoked by the director, pursuant to provisions of Section 52-6-23 NMSA 1978. B. The director […]
Section 52-6-7 – Examinations.
The director may examine the affairs, transactions, accounts, records and assets and liabilities of each group as often as the director deems advisable. The expense of such examinations shall be assessed against the group in the same manner that insurers are assessed for examinations. History: Laws 1986, ch. 22, § 81; 1990 (2nd S.S.), ch. […]
Section 52-6-8 – Board of trustees; membership, powers, duties and prohibitions.
Each group shall be operated by a board of trustees that shall consist of not less than five persons whom the members of a group elect for stated terms of office. At least two-thirds of the trustees shall be employees, officers or directors of members of the group. The group’s administrator or service company, or […]
Section 52-5-18 – Limitation on filing claims.
No additional claim shall be filed by any worker who is receiving maximum compensation except that a worker claiming additional compensation because of his employer’s alleged failure to provide a safety device may file claim for that compensation, but in that event, only the safety devices issue may be determined in the claim. History: Laws […]
Section 52-5-19 – Fee for funding administration; workers’ compensation administration fund created.
A. Beginning with the calendar quarter ending September 30, 2004 and for each calendar quarter thereafter, there is assessed against each employer who is required or elects to be covered by the Workers’ Compensation Act [Chapter 52, Article 1 NMSA 1978] a fee equal to two dollars thirty cents ($2.30) multiplied by the number of […]
Section 52-5-20 – Notification to employer; penalty.
A. Each insurer, guarantor, surety or group self-insurance administrator shall, on written request of the insured employer, provide the employer with a list of claims made against the employer. The information provided to the employer shall include amounts paid for closed claims, the combined cumulative reserve for all open claims and, if requested, details regarding […]
Section 52-5-11 – Minors and incompetents.
A. If a guardian or legal representative has been appointed for a person who is incompetent or a minor, payment of compensation benefits under the Workers’ Compensation Act [Chapter 52, Article 1 NMSA 1978] or the New Mexico Occupational Disease Disablement Law [52-3-1 NMSA 1978] shall be made to the guardian or legal representative. B. […]