Credit Russell Toal, New Mexico Superintendent of Insurance / Courtesy photo SANTA FE, NM – The New Mexico Office of Superintendent of Insurance (“OSI”) has directed all health insurers operating in the state to cover COVID-19 vaccinations and related services at no cost to a patient.
“Costs must not be a barrier to getting a COVID-19 vaccine,” said
Superintendent Russell Toal. “Having a number of safe and effective vaccines available marks a turning point in the fight against this deadly virus – but a vaccine is only effective if people can afford to get vaccinated.”
Every major medical plan must cover any costs associated with the administration of a COVID-19 vaccine for every covered New Mexican. Patient cost sharing – coinsurance, copayments and deductibles - cannot be applied, regardless of whether or not the provider administering the vaccine is in a health plan’s network. OSI’s order requires all insurers and health plans to immediately comply with