Rates; medical loss ratios

NMSA 1978, § 59A-23G-5 — under Article 23G.

NMSA 1978, § 59A-23G-5

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. History: Laws 2019, ch. 235, § 5.