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PHARMACY BENEFITS MANAGER APPLICATION FOR A LICENSE ANDLICENSE RENEWAL IN NEW MEXICO

BULLETIN 2025-011: This bulletin repeals Bulletin No. 2023-001 dated January 3, 2023 and Bulletin No. 2023-035 issued on November 21, 2023. This Bulletin applies to any Pharmacy Benefits Manager (PBM) operating in the State of New Mexico that is required to be licensed in New Mexico pursuant to the Pharmacy Benefits Manager Act, Sections 59A-61-1 et seq. […]

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NEW MEXICO OFFICE OF THE SUPERINTENDENT OF INSURANCE APPROVES 2026 HEALTH INSURANCE PREMIUM RATES FOR SMALL GROUP HEALTH INSURANCE MARKET

Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) has approved 2026 health insurance premium rates for the small group health insurance market. The average increase across all plans is 16.8%. The new rates take effect on January 1, 2026, when health insurance small group consumers in New Mexico will […]

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COVERAGE FOR IMMUNIZATIONS IN 2025 AND 2026 PLAN YEARS

BULLETIN 2025-009: This bulletin is issued in accordance with Sections 59A-2-8, 59A-2-10, 59A-18-13.2. 59A-18-13.3, and 59A-18-16.2(G)(2) NMSA 1978. The purpose of this bulletin is to clarify: Any changes to coverage for immunizations based on ACIP immunization guidance should be prospective to the 2027 plan year. Questions concerning these directives should be directed to the Life and Health […]

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COVERAGE FOR CHILDHOOD IMMUNIZATIONS

BULLETIN 2025-008: The Office of Superintendent of Insurance (OSI) is issuing this bulletin to remind insurers that pursuant to Sections 59A-22-34.3 and 59A-46-38.2 NMSA 1978 each individual and group health maintenance contract delivered or issued for delivery in this state shall provide coverage for childhood immunizations in accordance with the current schedule of immunizations recommended by the […]

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NEW MEXICO SUPERINTENDENT OF INSURANCE URGES CONSUMERS TO UNDERSTAND THEIR ROLE IN THE PRIOR AUTHORIZATION PROCESS

Santa Fe, NM – The New Mexico Office of Superintendent of Insurance urges all health insurance consumers to actively monitor the status of any prior authorization requests submitted on their behalf. Prior authorization is your health insurance company’s review of a request for medication, procedure, or specialist visits before you get care. Sometimes prior authorization […]

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NEW MEXICO ANNOUNCES SIGNIFICANT RATE INCREASES FOR 2026 ACA PLANS, STATE PREMIUM SUPPORT WILL CONTINUE TO HELP ENROLLEES WITH COSTS

Santa Fe, NM – The New Mexico Office of the Superintendent of Insurance (OSI) has approved 2026 rates for individual market Affordable Care Act (ACA) plans sold on and off BeWell, the New Mexico Health Insurance Marketplace, with an average increase of 35.7%. Today, 75,000 New Mexicans buy health insurance through BeWell and 88% of […]

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STANDARD LANGUAGE, ADMINISTRATIVE DATA AND DISCONTINUATION NOTICES

BULLETIN 2025-007: This Bulletin repeals and replaces Bulletins 2021-017 and 2021-023. The Office of Superintendent of Insurance (OSI) is amending the prior authorization standardized language previously issued in the bulletins to address the prohibitions outlined in Section 59A-22B-and 8 NMSA 1978. The Out-of-Network and Behavioral Health standardized language remains unchanged. Each issuer shall integrate the standardized language […]

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NOTICE REQUIREMENT RELATED TO OFFERING VALUE-ADDED PRODUCTS AND SERVICES AND REQUIREMENTS FOR OFFERING VALUE-ADDED SERVICES PURSUANT TO SUBSECTION G OF SECTION 59A-16-17 NMSA 1978

BULLETIN 2025-006: This Amended Bulletin repeals and replaces Bulletin 2021-014. UPDATE: Bulletin 2025-006 was originally issued on August 14, 2025. An incorrect copy of the “Notification of Intent to Offer Value-Added Products and Services Filing Instructions and Form” was attached to the bulletin. This Amended Bulletin is being issued with the correct version of the “Notification of […]

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SENATE BILL 39, ADD CLASSES TO PRIOR AUTHORIZATION DRUGS

Updated Bulletin 2025-005: This is an update to Bulletin No. 2025-005, dated August 1, 2025, references to “calendar days”have been changed to “business days” on page 3 and page 4. Senate Bill 39 (SB39) was signed into law by Governor Michelle Lujan Grisham on April 7, 2025, andbecame effective July 1, 2025. SB39 amends the Prior Authorization Act, […]

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SENATE BILL 39, ADD CLASSES TO PRIOR AUTHORIZATION DRUGS

BULLETIN 2025-005: Senate Bill 39 (SB39) was signed into law by Governor Michelle Lujan Grisham on April 7, 2025, and became effective July 1, 2025. SB39 amends the Prior Authorization Act, NMSA 1978, Sections 59A-22B-2, 59A-22B-5, and 59A-22B-8 to include the following: To ensure equal application of the provisions of SB39 and the requirements with respect to […]

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