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ActiveNew Mexico Office of Superintendent of Insurance (OSI) · 2026

Small Business Health Insurance Premium Relief Initiative

Quick Facts

Agency: New Mexico Office of Superintendent of Insurance (OSI)
Funding: See RFP
Deadline: Check Source
Status: Active
Eligibility: Small businesses in New Mexico purchasing qualifying small group health plans from participating insurers.

About This Grant

Small Business Health Insurance Premium Relief Initiative is sponsored by New Mexico Office of Superintendent of Insurance (OSI). This initiative provides funding to reduce health insurance premiums for small businesses in New Mexico that purchase coverage in the small group market.

View Original RFP

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Official Opportunity Details

Extracted from the official opportunity page/RFP to help you evaluate fit faster.

Small Business Health Insurance Premium Relief Initiative - NM OSI Health Insurance Premium Relief Initiative What are you looking for?

Applying for Admission & Applications Pharmacy Benefit Managers (PBM) Reports, New Mexico Health Access Survey, and Briefs Contracted and External Reports OSI Health Insurance Briefs The 2023 New Mexico Health Access Survey Managed Health Care Compliance Deadlines Miscellaneous Resource Binder Content Small Business Health Insurance Premium Relief Initiative Prescription Drug Price Transparency Monthly Member Enrollment Health Care Affordability Fund Request for Confidential Status Continuous Quality Improvement Debt Collection Protection Act - Provider Resource Financial and Market Conduct Examinations - Archive Financial Statements Archive Financial Examinations Archive Title Insurance Forms & Tables ASR USR Schedules & Instructions Continuing Education (CE) License Status Verification Annual/Quarterly Checklists What are you looking for?

To help lower health insurance costs for small businesses, the New Mexico Legislature worked with Governor Michelle Lujan Grisham to pass legislation establishing a Health Care Affordability Fund. The new law that provides funding to the New Mexico Office of Superintendent of Insurance (OSI) to reduce health insurance premiums for small businesses that purchase coverage in the small group market.

The Small Business Health Insurance Premium Relief Initiative is the program established by OSI to achieve this goal. The initiative started on July 1, 2022.

Small Business Health Insurance Premium Relief Initiative Regulations as of May 2022 2024-011: Small Business Premium Relief Initiative… July 2024-Dec 2024 2024-010: Additional Premium Relief for Jan 2024-June 2024 2023-036: Small Business Health Insurance Premium Relief Initiative… Jan 2024-Jun 2024 2023-010: Small Business Health Insurance Premium Relief Initiative… Jul 2023-Dec 2023 2022-018: Small Business Health Insurance Premium Relief Initiative… Jan 2023-Jun 2023 2022-006: Small Business Health Insurance Premium Relief Initiative… Jul 2022-Dec 2022 Participating Health Plans in 2024 The following insurers are providing the 10% premium reduction for qualifying small group health plans to their customers: Blue Cross Blue Shield of New Mexico Resources for Small Business Owners and Employees What you need to know about the initiative Resources for Insurance Producers OSI held virtual information sessions for insurance producers throughout the month of May.

Additional sessions can be scheduled upon request. Click here to view slides presented on May 3.

Resources for Health Insurance Issuers Program Year 2023 Attestation Form Program Year 2023 Annual Reporting Template Program Year 2023 Annual Reconciliation Examples Program Year 2022 Monthly Reporting Template (downloads Excel file) Program Year 2022 Updated Annual Reporting Template – Monthly Renewal Date (downloads Excel file) Program Year 2022 Updated Annual Reporting Template – Quarterly Renewal Date (downloads Excel file) Program Year 2022 Annual Data Reporting Instructions Program Year 2022 Attestation Form Program Year 2022 Data Form for Hearings (Optional) (downloads Excel File) Get the latest information about rule changes, legislation, industry information and consumer news.

May 28, 2026 News Releases OSI Urges Residents to Remain Vigilant and Review Prevention and Preparedness Recommendations Contact: Elouisa Tyler, Consumer Assistance Bureau ChiefEmail: Elouisa. Tyler@osi. nm.

gov SANTA FE, N. M. – As Wildfire Awareness Month concludes, the Office of the Superintendent of Insurance reminds residents that wildfire prevention remains a shared responsibility that extends well beyond the month of May.

With the […] May 19, 2026 News Releases THE OFFICE OF THE SUPERINTENDENT OF INSURNACE URGES NEW MEXICO RESIDENTS TO REPORT WILDFIRES QUICKLY AS FIRE SEASON IS UNDERWAY Contact: Elouisa Tyler, Consumer Assistance Bureau ChiefEmail: Elouisa. Tyler@osi. nm.

gov SANTA FE, N. M. – Wildfire Awareness Month is underway, and the Office of the Superintendent of Insurance (OSI) is continuing to remind residents about summer safety tips, how to protect your home and property from wildfire, and what the public needs to do to remain vigilant.

Fast […]

Eligibility Requirements

Small businesses in New Mexico purchasing qualifying small group health plans from participating insurers.

Frequently Asked Questions

Who can apply for Small Business Health Insurance Premium Relief Initiative?

According to the current listing, eligibility includes: Small businesses in New Mexico purchasing qualifying small group health plans from participating insurers. Confirm the full requirements in the official notice before applying.

Who funds Small Business Health Insurance Premium Relief Initiative?

Small Business Health Insurance Premium Relief Initiative is funded by New Mexico Office of Superintendent of Insurance (OSI). Verify program details on the funder's official page before applying.

Which states are eligible for Small Business Health Insurance Premium Relief Initiative?

This opportunity targets applicants in New Mexico. If your organization operates elsewhere, check the official notice for location requirements.

How do I apply for Small Business Health Insurance Premium Relief Initiative?

Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.

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