N.M. Stat. § 59A-12A-15
Prohibited inducements.
An administrator, in order to induce a person that self insures or a plan or insurance
carrier to contract or to continue to contract with the administrator, to induce a person
that self insures or an insurance carrier or plan to lapse, forfeit or surrender a service
contract entered into with an administrator or to induce a person that self insures or an
insurance carrier or plan to secure or terminate coverage with an insurance carrier or
other person that self insures, shall not directly or indirectly:
A. offer to make an agreement relating to a service contract or issue or deliver to
the person money or any other valuable consideration other than as plainly expressed
in the service contract;
B. give or pay or offer to give or pay a rebate or adjustment of the fee payable under
the service contract or an advantage under a service contract, except as reflected in the
fee and expressly provided by the service contract;
C. make, issue or circulate, or cause to be made, issued or circulated, any estimate,
illustration, circular or statement misrepresenting the terms of a service contract, the
advantages provided under a service contract or the true nature of a service contract; or
D. make a misrepresentation in a comparison, whether oral or written, between
service contracts of the administrator and another administrator or between service
contracts of the administrator and an insurance carrier.