Statutes, codes, and regulations
New Mexico Administrative Code
Title 13 - INSURANCEChapter 10 - HEALTH INSURANCE
Part 15 - LONG-TERM CARE INSURANCE
Section 13.10.15.42 - PROHIBITION AGAINST PREEXISTING CONDITIONS AND PROBATIONARY PERIODS IN REPLACEMENT POLICIES OR CERTIFICATES

N.M. Admin. Code § 13.10.15.42

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Current through Register Vol. 35, No. 21, November 5, 2024
Section 13.10.15.42 - PROHIBITION AGAINST PREEXISTING CONDITIONS AND PROBATIONARY PERIODS IN REPLACEMENT POLICIES OR CERTIFICATES

If a long-term care insurance policy or certificate replaces another long-term care policy or certificate, the replacing insurer shall waive any time periods applicable to preexisting conditions and probationary periods in the new long-term care policy for similar benefits to the extent that similar exclusions have been satisfied under the original policy.

N.M. Admin. Code § 13.10.15.42

1-1-99; 13.10.15.42 NMAC - Rn, 13 NMAC 10.15.39, 1-1-04