Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 59a-16-21-5 — New Mexico Law | CourtGPT
  1. Home/
  2. Laws/
  3. New Mexico/
  4. Chapter 59a - Insurance Code/
  5. Article 16 - Trade Practices and Frauds/
  6. § 59a-16-21-5
New Mexico Legal Code

§ 59a-16-21-5

Ask AI about this
Each producer, plan administrator or pharmacy benefits manager licensed in this state shall not produce a health benefits plan for sale or pharmacy benefits services for contract without prior disclosure to the purchaser of the plan or services of the option to contract for pharmaceutical drug cost-sharing protections.History: Laws 2023, ch. 206, § 2. ANNOTATIONSEffective dates. — Laws 2023, ch. 206 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 16, 2023, 90 days after adjournment of the legislature.