New Mexico Statutes 59A-15-15. Purpose
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The purpose of the Health Care Benefits Jurisdiction Act N.M. Stat. Ann. § 59A-15-14 to 59A-15-19 is to assure the superintendent’s jurisdiction over providers of health care benefits in this state; to indicate how each provider of health care benefits may demonstrate under which regulatory jurisdiction it falls; to allow for examinations by the superintendent if the provider of health care benefits is unable to demonstrate that it is subject to another regulatory jurisdiction; and to require disclosure to purchasers of such plans information as to whether the plans are fully insured.
Terms Used In New Mexico Statutes 59A-15-15
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.