N.M. Stat. § 13-7-44

Current through 2024, ch. 69
Section 13-7-44 - Dental coverage; methods of payment
A. For purposes of this section, "credit card payment" means a type of electronic funds transfer whereby:
(1) an insurer issues a single-use series of numbers associated with the payment of services rendered by the provider and chargeable to a predetermined amount; and
(2) the provider is responsible for processing the payment by using a credit card terminal or internet portal.
B. Group coverage, including any form of self-insurance, offered, issued or renewed under the Health Care Purchasing Act that offers a dental plan shall not place restrictions on a provider regarding acceptable methods of payment, including designating credit card payments as the only acceptable form of payment.
C. When transmitting a payment to a provider using an electronic funds transfer, other than one made through the automated clearinghouse network, an insurer:
(1) shall not charge a fee to the provider solely to transmit a payment without the provider's consent;
(2) shall notify the provider of any other fees associated with transmitting a payment; and
(3) shall provide a provider with a fee-free method of transmitting a payment and provide instructions for utilizing the method.

NMS § 13-7-44

Added by 2023, c. 169,s. 4, eff. 6/13/2023.