On October 28, 2024, the New Mexico Office of Superintendent of Insurance (OSI) issued a mental health and substance use disorder parity data call to all major medical health insurance carriers regulated by the OSI.
Carriers are required to report data and analyses regarding their compliance with both federal and state parity laws for plan years beginning on or after January 1, 2023, and offered through December 31, 2023. Reporting is due by noon on November 29, 2024, and should be submitted using the designated templates available on OSI's website.
While this bulletin is directed toward insurers, employers should be aware of its contents.
New Mexico Office of Superintendent of Insurance, Mental Health and Substance Use Disorder Parity Data Call
PPI Benefit Solutions does not provide legal or tax advice. Compliance, regulatory and related content is for general informational purposes and is not guaranteed to be accurate or complete. You should consult an attorney or tax professional regarding the application or potential implications of laws, regulations or policies to your specific circumstances.
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