N.M. Stat. § 59A-17-17.1
Experience modification factor; workers'
compensation claims; New Mexico Works Act.
A. Workers' compensation claims by participants as defined in the New Mexico
Works Act [Chapter 27, Article 2B NMSA 1978] shall be separately recorded and
maintained in the calculation of the experience modification factor used to calculate
premiums for the participating employer so that the experience modification factor
attributable to claims by participants can be separated from the remainder of the
employer's experience modification factor.
B. The separately calculated experience modification factor for the first year of
employment of each participant shall not be considered as part of the experience
modification factor of any employer. The superintendent of insurance shall promulgate
rules to implement this section.
C. For the purpose of this section, "participants" means participants as defined in
the New Mexico Works Act.