New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 10 - HEALTH INSURANCE
Part 11 - HEALTH INSURANCE ALLIANCE PLAN OF OPERATION AND ELIGIBILITY CRITERIA
Section 13.10.11.15 - AGENTS

Universal Citation: 13 NM Admin Code 13.10.11.15
Current through Register Vol. 35, No. 6, March 26, 2024

The alliance may pay referral or servicing fees or commissions subject to applicable provisions in the Insurance Code, or may require carriers to pay a commission to the insurance agent who refers an applicant to the alliance if that applicant is accepted. No agent shall be eligible to receive a commission or referral fee on or in connection with a plan issued through the alliance unless the agent has completed a continuing education course sanctioned by the alliance and has been certified by the alliance. Agents that have not enrolled any individual or group in the alliance for a period of two (2) years shall recertify. The alliance may decertify an agent for good cause, subject only to review pursuant to the grievance procedures set forth in 13.10.11.17 NMAC.

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