Each small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of the following:A. the provisions concerning the carriers' right to change premium rates and the factors that affect changes in premium rates; andB. the provisions relating to renewability of coverage. History: Laws 1991, ch. 153, § 7; 2019, ch. 259, § 6. ANNOTATIONSThe 2019 amendment, effective June 14, 2019, revised provisions related to a small employer's duty to make reasonable disclosures, and removed language related to premium setting by claim experience, health status or class of business; deleted former Subsection A and redesignated former Subsection B as Subsection A; in Subsection A, after 'factors', deleted 'including case characteristics'; and deleted former Subsection C and redesignated former Subsection D as Subsection B.
New Mexico Legal Code