New Mexico Workers' Compensation: What you need to know
Virtually all employers in New Mexico must provide workers' compensation insurance and occupational disease disablement coverage for their employees. Insurance is required for all nonconstruction employers that have three or more employees, including governmental bodies and charitable organizations, and for all construction employers of any size. Construction employers must provide coverage no matter what the number of their employees. Employees injured out of state are covered if their principal employment is within New Mexico, or if the contract for hire was made in the state.
A few categories of employment are specifically exempted from coverage:
- Domestic servants
- Farm and ranch laborers
- Casual employees
- Corporate owners, partners, and self-employed individuals
- Student-aid recipients at educational institutions
- Real estate salespeople paid by commission
Sole proprietors and executives who own 10 percent or more of the corporation they work for may elect not to be covered. Employers that are not obligated to provide coverage may elect to cover their employees and, thus, gain immunity from other legal actions. Leased workers must be covered by the employee leasing service, with the client as coinsurer. An executive of a limited liability company may elect to be exempt from workers' compensation coverage.
The owner or principal contractor of a construction project costing in excess of $150 million (over a 5-year period) may establish its own controlled workers' compensation insurance plan.
An uninsured employers' fund provides for claims against uninsured employers, financed by an assessment on each employer in New Mexico. Workers injured after June 23, 2003, are covered by the fund if their employer is uninsured.
>> Read more about Workers' Compensation
More on this topic:
Who Is Covered?
What Is Covered?
Preexisting Conditions/Second Injuries
Violations and Penalties
District of Columbia |
New Hampshire |
New Jersey |
New Mexico |
New York |
North Carolina |
North Dakota |
Rhode Island |
South Carolina |
South Dakota |
West Virginia |
New Mexico Workers' Compensation Resources
Workers' Compensation Products
Compensation.BLR.com will help you price jobs competitively and comply with FLSA and wage and hour laws in your state. Get reliable salary data in seconds, along with the answers to complex state overtime compliance questions in one easy to use website. Get a VIP tour - call 1 800 454-0404"
Employee Compensation in [Your State]
This comprehensive resource solves your two biggest headaches in employee compensation. It gives you wage and hour law explanations and comparisons between state and federal. Saves you time and worry, makes sure you pay competitively.
Subscription includes online companion site. "
Safety.BLR.com - Making Safety Training and Compliance Easier
Safety training and compliance just got easier. You get easy access to hundreds of training solutions, easy-to-understand regulatory analysis, analysis of federal and state full-text regs, regulatory activity, news, and best practices. Safety.BLR.com - your online safety solution."
Audio Click 'n Train: Workers' Compensation - What Supervisors Need to Know
This movie-like version of the powerpoint presentation with audio makes it easy to deliver workers' compensation training to your supervisors. This ready-to-deliver meeting gives you effective toolbox training - no preparation required! Includes meeting outlines, customizable PowerPoint® slides, handouts, quiz, trainer's guide and more!"
Click 'n Train: Workers' Compensation - What Supervisors Need to Know
Complete PowerPoint® training meeting made easy to deliver workers' compensation training to your supervisors. This ready-to-deliver meeting gives you effective toolbox training – no preparation required! Includes meeting outlines, customizable PowerPoint slides, handouts, and quizzes."