SB 15 – New Mexico

Status: In Process
Year Introduced: 2024
Link: https://www.nmlegis.gov/Legislation/Legislation?Chamber=S&LegType=B&LegNo=15&year=24

Relating to insurance; enacting the health care consolidation oversight act; requiring review of proposed health care mergers, acquisitions and other material changes in control of health care entities, including health insurance entities; providing exceptions; granting the office of superintendent of insurance and the health care authority department the authority to review proposed transactions; providing for public comment and stakeholder advisory committees; authorizing the approval, disapproval or conditional approval of transactions; protecting confidentiality of trade secrets; assessing costs; providing post-transaction oversight; prescribing a penalty; declaring an emergency.

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