New Mexico legislation · 2026 Regular Session
New Mexico SB173: EXPAND MEDICAL MALPRACTICE INSURANCE TYPES
Status: In committee, January 28, 2026
What the bill says
An act relating to insurance; expanding the types of medical malpractice liability insurance that health care providers can obtain to qualify within the medical malpractice act.
From the introduced text, January 28, 2026:
AN ACT RELATING TO INSURANCE; EXPANDING THE TYPES OF MEDICAL MALPRACTICE LIABILITY INSURANCE THAT HEALTH CARE PROVIDERS CAN OBTAIN TO QUALIFY WITHIN THE MEDICAL MALPRACTICE ACT. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 41-5-5 NMSA 1978 (being Laws 1992, Chapter 33, Section 2, as amended) is amended to read: "41-5-5. QUALIFICATIONS.-- A. Unless otherwise provided in this section, to be qualified under the provisions of the Medical Malpractice Act, a health care provider [except an independent outpatient health care facility] shall: (1) establish its financial responsibility by filing proof with the superintendent that the health care provider is insured by a policy of malpractice liability .232727.2 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ insurance issued by an authorized insurer in the amount of at least two hundred fifty thousand dollars ($250,000) per [occurrence] malpractice claim or by having continuously on deposit the sum of seven hundred fifty thousand dollars ($750,000) in cash with the superintendent or such other like deposit as the superintendent may allow by rule; provided that [hospitals and hospital-controlled outpatient health care facilities that establish financial responsibility through a policy of malpractice liability insurance may use any form of malpractice insurance; and provided further that] for independent providers, in the absence of an additional deposit or policy as …
Sponsors
- Wilson, Rex (R, 33) · primary sponsor
Latest actions
- : Sent to SCC - Referrals: SCC/STBTC/SJC
- : Action Postponed Indefinitely
Subjects: INSURANCE, HEALTH & HEALTH FACILITIES
Common questions
- What is SB173?
- SB173 is a bill in the New Mexico Legislature (2026 Regular Session): EXPAND MEDICAL MALPRACTICE INSURANCE TYPES.
- What does SB173 do?
- In its own words: An act relating to insurance; expanding the types of medical malpractice liability insurance that health care providers can obtain to qualify within the medical malpractice act.
- What is the status of SB173?
- In committee as of January 28, 2026. Latest action: Sent to SCC - Referrals: SCC/STBTC/SJC (January 28, 2026).
- Who sponsored SB173?
- Wilson, Rex (R, 33).
- Where is the official record for SB173?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=173&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.