N.M. Admin. Code § 6.50.10.12
Current through Register Vol. 35, No. 24, December 23, 2024
Authority insurance providers depend on timely reporting of dismissals, resignations, change in status, reports of new employees and eligible dependents and those dropping coverages. The only source of this information is from the participating entity. Participating entities shall report this information on or before the 15th day following notification from the employee of the event. In the event they fail to so timely report, the responsible participating entity shall be liable for any losses an eligible employee or dependent may incur as a result of the failure to timely report.
N.M. Admin. Code § 6.50.10.12