summary
Introduced
01/19/2021
01/19/2021
In Committee
03/11/2021
03/11/2021
Crossed Over
02/25/2021
02/25/2021
Passed
03/19/2021
03/19/2021
Dead
Signed/Enacted/Adopted
03/19/2021
03/19/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO INSURANCE; REGULATING THE PROCESSING AND PAYMENT OF PHARMACY CLAIMS.
AI Summary
This bill aims to regulate the processing and payment of pharmacy claims by health plans in New Mexico. It amends an existing law to define key terms like "clean claim" and "eligible provider," and requires health plans to pay interest on clean claims that are not paid within the specified timelines. The bill also directs the Office of Superintendent of Insurance to promulgate rules to ensure timely provider access to claim status information, standard claims forms, and uniform calculation of interest. The bill's provisions are set to take effect on July 1, 2021.
Committee Categories
Budget and Finance, Business and Industry, Health and Social Services
Sponsors (2)
Last Action
Signed by Governor - Chapter 45 - Apr. 5 (on 03/19/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=124&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/final/SB0124.pdf |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0124.pdf |
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