SENATE CORPORATIONS AND TRANSPORTATION COMMITTEE SUBSTITUTE FOR

SENATE BILL 418

47th legislature - STATE OF NEW MEXICO - first session, 2005

AN ACT

RELATING TO HEALTH CARE; ALLOWING MIDWIVES TO PURCHASE RISK INSURANCE COVERAGE THROUGH THE STATE.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     Section 1. A new section of Chapter 15, Article 7 NMSA 1978 is enacted to read:

     "[NEW MATERIAL] MIDWIFE RISK INSURANCE COVERAGE.--

          A. Two or more midwives may create or enter into an association, cooperative or mutual alliance to voluntarily purchase risk insurance coverage offered pursuant to Section 15-7-3 NMSA 1978.

          B. A separate account shall be maintained for an association, cooperative or mutual alliance that voluntarily elects to purchase risk insurance coverage pursuant to Section 15-7-3 NMSA 1978.

          C. As used in this section, "midwife" means a registered lay midwife who is licensed through the department of health or a certified nurse-midwife licensed through the board of nursing and the department of health.

          D. The risk management division of the general services department shall apportion to each association, cooperative or mutual alliance its contributions toward the purchase of insurance or for the providing of coverage for any risk not insured. The amount of contribution by each association, cooperative or mutual alliance shall be determined by the risk management division and shall reflect the respective risks of each association, cooperative or mutual alliance. The department of finance and administration may collect or transfer funds from each association, cooperative or mutual alliance to cover insurance or other costs, pursuant to the risk management division's instructions." 

     Section 2. DELAYED REPEAL.--Section 1 of this act is repealed effective July 1, 2008."

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