As used in the Short-Term Health Plan and Excepted Benefit Act:
A. "bona fide association" means an association that has been in existence for not less than five years and that exists for purposes other than the business of insurance;
B. "excepted benefits" means benefits furnished pursuant to the following:
(1) coverage-only for accident or disability income insurance;
(2) coverage issued as a supplement to liability insurance;
(3) liability insurance;
(4) workers' compensation or similar insurance;
(5) automobile medical payment insurance;
(6) credit-only insurance;
(7) coverage for on-site medical clinics;
(8) other similar insurance coverage specified in regulations under which benefits for medical care are secondary or incidental to other benefits;
(9) the following benefits if offered separately:
(a) limited-scope dental or vision benefits;
(b) benefits for long-term care, nursing home care, home health care, community-based care or any combination of those benefits; and
(c) other similar excepted benefits specified in rule;
(10) the following benefits, offered as independent, non-coordinated benefits:
(a) coverage-only for a specified disease or illness; or
(b) hospital indemnity or other fixed indemnity insurance;
(11) the following benefits if offered as a separate insurance policy:
(a) medicare supplemental health insurance as defined pursuant to Section 1882(g)(1) of the federal Social Security Act; and
(b) coverage supplemental to the coverage provided pursuant to Chapter 55 of Title 10 USCA and similar supplemental coverage provided to coverage pursuant to a group health plan; and
(12) other similar individual or group insurance coverage or arrangement designated by the superintendent pursuant to rule under which benefits are secondary or incidental to health events, services or medical care;
C. "excepted benefits plan" means a health benefits plan that offers only excepted benefits;
D. "health benefits plan" means an individual or group policy or agreement entered into, offered or issued by a health insurance carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services;
E. "health insurance carrier" means an entity subject to the insurance laws of the state, including a health insurance company, a health maintenance organization, a hospital and health services corporation, a provider service network, a nonprofit health care plan or any other entity that contracts or offers to contract, or enters into agreements to provide, deliver, arrange for, pay for or reimburse any costs of health care services, or that provides, offers or administers health benefits plans or managed health care plans in the state;
F. "health insurance coverage" means benefits consisting of medical care provided directly, through insurance or reimbursement, or otherwise, and items, including items and services paid for as medical care, pursuant to any hospital or medical service policy or certificate, hospital or medical service plan contract or health maintenance organization contract offered by a health insurance carrier;
G. "major medical coverage" means a health benefits plan that provides benefits other than excepted benefits;
H. "permitted health insurance coverage" means a health benefits plan, excepted benefits plan, short-term plan and other categories or types of health insurance coverage designated by the superintendent; and
I. "short-term plan" means a nonrenewable health benefits plan covering a resident of the state, regardless of where the plan is delivered, that:
(1) has a maximum specified duration of not more than three months after the effective date of the plan;
(2) is issued only to individuals who have not been enrolled in a health benefits plan that provides the same or similar nonrenewable coverage from any health insurance carrier within the three months preceding enrollment in the short-term plan; and
(3) is not an excepted benefit or combination of excepted benefits.
History: Laws 2019, ch. 235, § 2.
ANNOTATIONSEffective dates. — Laws 2019, ch. 235 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.