N.M. Code R. § 13.19.4.26
A self-funded or fully-insured MEWA shall offer open and special enrollment periods consistent with state and federal law and consistent with the market in which the employer member is a part; that is, a self-employed individual will have an individual policy, a small business will have a small group policy, and a large employer will have a large group policy.
[13.19.4.26 NMAC – N, 2/25/2020]