OSI Publishes Guidance and FAQs on Medical Malpractice Premium Relief Program

The New Mexico State Legislature appropriated $15.4 million to the New Mexico Office of Superintendent of Insurance (OSI) to address medical malpractice insurance costs for individual providers and independent group practices. The appropriation was part of a supplemental appropriation package passed in 2023 that provided each legislator and Governor Michelle Lujan Grisham with targeted appropriations for their key priorities. Governor Lujan Grisham prioritized funding for this program in her supplemental appropriation request. OSI has published guidance establishing program parameters and FAQs for carriers (PDF) and providers (PDF). If you have any questions, please submit them to mmpr.inquiry@state.nm.us.