New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 10 - HEALTH INSURANCE
Part 4 - ADVERTISING ACCIDENT AND HEALTH INSURANCE
Section 13.10.4.19 - GROUP OR QUASI-GROUP IMPLICATIONS
Universal Citation: 13 NM Admin Code 13.10.4.19
Current through Register Vol. 35, No. 18, September 24, 2024
A. An advertisement of a particular policy shall not state or imply that prospective insureds become group or quasi-group members covered under a group policy and as such enjoy special rates or underwriting privileges, unless that is the fact.
B. This rule prohibits the solicitations of a particular class, such as governmental employees, by use of advertisements which state or imply that their occupational status entitles them to reduced rates on a group or other basis when, in fact, the policy being advertised is sold only on an individual basis at regular rates.
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