Insurance Bureaus >> Life and Health Rate Filing Bureau

Life and Health Rate Filing Bureau

The Life & Health Bureau’s Rate and Form Filing Section assists the Superintendent in reviewing and approving all life and health forms and health insurance rates to ensure compliance with the New Mexico Insurance Code and Insurance Division rules. This section deals with the regulation of accident and health, credit life and disability, life, long-term care and Medicare supplement insurance lines of insurance.

The Section’s goal is to minimally process 90% of all form and rate filings within 90 days and develop speed-to-market initiatives. Over the next year, the Rate and Form Filing Section intends to achieve a 90% outcome within 60 days. The Section also will continue its work to improve its SERFF, IDEAL and BIZFLOW information systems to improve speed-to-market and administrative efficiency.

• 2012 Guide to Medicare Supplement
  
  
• Medicare Supplement List
  
  
• Medicare Supplement Rates
  
  
• Medicare Supplement under 65 disabled on medicare
  
  
• Long Term Care Shoppers Guide
  
  
• Long Term Care List
  
  
• HMO List
  
  

File via SERFF

• SERFF Fee Schedule Form rev. 11/07
  
  
• System Electronic for Rate and Form Filings, a system that provides efficiency through technology relating to the rate and form filing process. Accepting lines of business for life and health filings since December 2001. 
  For further information go to www.naic.org or www.serff.org
  

• 13NMAC 10.8.60 Outline of Coverage

• A Federal law known as COBRA, Consolidated Omnibus Budget Reconciliation Act of 1985, guarantees the right to buy group health insurance for up to 18 months. www.dol.gov/dol/topic/health-plans/cobra.htm
  
  
• www.nmmip.com, New Mexico Medical Insurance Pool, provides coverage for individuals unable to obtain coverage in the marketplace.
  
  
• www.nmaging.state.nm.us, New Mexico State Agency on Aging, for assistance and counseling to assure seniors are receiving all the benefits they’ve earned, i.e., Medigap or Long term care insurance policies and other Medicare issues. 
  
  
• www.nmhia.com, New Mexico Health Insurance Alliance, provides coverage for small group and individual insurance. Link available January 03.

Public Regulation Commission
Life and Health Rate Filing Bureau
1120 Paseo De Peralta
P.O. Box 1269
Santa Fe, NM 87504

phone: 1-888-427-5772

fax: 505-827-4734