N.M. Stat. § 59A-47-19

§ 59A-47-19. Limitation upon acquisition and administration expenses

Year: 2026Length: 47 words
No health care plan shall during any one calendar year incur expense for acquisition of its business more than ten percent of its premium income earned during that year; nor incur during any such year for expense of administration more than twenty percent of such earned premiums.
N.M. Stat. § 59A-47-19: § 59A-47-19. Limitation upon acquisition and administration expenses | Justis AI