New Mexico Health Insurance Medical Loss Ratio

New Mexico health insurance has established development of regulations clarifying the recently enacted medical loss ratio law has slowed dramatically in light of both the exodus of key employees from the Division of Insurance and the need to determine its interplay with the federal Patient Protection and Affordable Care Act. As passed, the state’s requirements for a rolling three-year calculation becomes effective in 2013, two years after the federal law. The conflict between the laws and the fact that Governor Bill Richardson ends his tenure this year bode well for the possible repeal of the state law in the 2011 legislative session.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.