SANTA FE – Governor Susana Martinez today signed Senate Bill 208, legislation that requires more transparency and a stricter review process for health insurance companies seeking to increase rates on New Mexico consumers.
“This bill will help ensure that consumers are getting a fair deal when insurance companies seek to increase their rates,” said Governor Martinez. “It is important that the rate review process is as thorough and transparent as possible, especially during these difficult times when many families are cutting costs to make ends meet.”