Section 59A-60-7 – Termination of portable electronics insurance.
Notwithstanding any other provision of law: A. an insurer may terminate or otherwise change the terms and conditions of a policy of portable electronics insurance only upon providing the policyholder and enrolled customers with at least thirty days’ notice; B. if the insurer changes the terms and conditions of a policy, the insurer shall provide […]
Section 59A-61-1 – Short title.
Chapter 59A, Article 61 NMSA 1978 may be cited as the “Pharmacy Benefits Manager Regulation Act”. History: Laws 2014, ch. 14, § 1; 2017, ch. 16, § 1. ANNOTATIONS The 2017 amendment, effective June 16, 2017, deleted “Sections 1 through 6 of this act” and added “Chapter 59A, Article 61 NMSA 1978”.
Section 59A-58-15 – Records requirements.
A. A provider shall maintain records of the transactions governed by the Service Contract Regulation Act. The records of a provider shall include: (1) a copy of each type of service contract that the provider issues, sells or offers for sale; (2) the name and address of each holder who possesses a service contract under […]
Section 59A-58-16 – Examinations and inspection of books by superintendent.
A. The superintendent may conduct examinations to enforce the provisions of the Service Contract Regulation Act pursuant to Chapter 59A, Article 4 NMSA 1978 at such times as he deems necessary. B. A provider shall, upon the request of the superintendent, make available to the superintendent for inspection any accounts, books and records concerning any […]
Section 59A-58-17 – Civil penalty for violation.
A person who violates any provision of the Service Contract Regulation Act or an order or rule of the superintendent issued or adopted pursuant thereto may be assessed a civil penalty by the superintendent of not more than five thousand dollars ($5,000) for each act or violation, not to exceed an aggregate amount of one […]
Section 59A-58-18 – Rulemaking.
The superintendent may adopt rules necessary to carry out the provisions of the Service Contract Regulation Act. History: Laws 2001, ch. 206, § 18. ANNOTATIONS Effective dates. — Laws 2001, ch. 206, § 20 made Laws 2001, ch. 206, § 18 effective July 1, 2002.
Section 59A-59-1 – Short title.
This act [59A-59-1 to 59A-59-4 NMSA 1978] may be cited as the “Prescription Drug Uniform Information Card Act”. History: Laws 2003, ch. 373, § 1. ANNOTATIONS Effective dates. — Laws 2003, ch. 373, § 5 made the Prescription Drug Uniform Information Card Act effective July 1, 2003.
Section 59A-59-2 – Intent of legislature.
It is the intent of the legislature to improve care for patients by enacting the Prescription Drug Uniform Information Card Act to minimize confusion, eliminate unnecessary paperwork, decrease administrative burdens and streamline dispensing of prescription products paid for by third party payors. History: Laws 2003, ch. 373, § 2. ANNOTATIONS Effective dates. — Laws 2003, […]
Section 59A-59-3 – Prescription drug information card required.
A. A health benefit plan that provides coverage for prescription drugs and that issues, uses or requires a card for prescription claims submission and adjudication, and third-party administrators for self-insured plans and state-administered plans, or the plan’s agents or contractors that issue such cards, shall issue for the plan’s insureds, enrollees or participants a uniform […]
Section 59A-59-4 – Applicability.
A. All health benefit plans issued or renewed on or after July 1, 2003 shall comply with the Prescription Drug Uniform Information Card Act no later than two years after July 1, 2003. For purposes of that act, renewal of a health benefit policy, contract or plan is presumed to occur on each anniversary of […]