New Mexico to increase reviews of insurance rates

According to state officials, following the questioning of the health insurance company quality oversights last year in New Mexico, that state is now concentrating on boosting the reviews to the requests for rate hikes by pumping $3 million in grant money into the effort. Furthermore, an ombudsman has been employed at the Public Regulation Commission, by the state insurance regulators in order to help consumers to better understand the often complicated health insurance ecosystem, using an additional federal grant of over $220,000. Moreover, deputy superintendent of insurance, Craig Dunbar, said…

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