Tag: New Mexico insurance

New Mexico insurance exchange adds new health plan issuer

H. Cutner
New Mexico insurance state flag

There are now five companies that have been approved to sell their policies on the state marketplace. According to an announcement that has been made about the New Mexico insurance exchange, during a meeting of the NMHIX board in Santa Fe, there are now five companies that have received approval to sell their health policies on the state’s marketplace. This was announced by the John Franchini, the Superintendent of Insurance for the state. The latest addition to the exchange for New Mexico insurance is the CHRISTUS Health Plan of Texas.…

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New Mexico Medicaid to be expanded

New Mexico Medicade Susana Martinez Governor of NM

New Mexico Medicaid system will be expanded to accommodate more people Last week, New Mexico Governor Susana Martinez announced the state’s commitment to expanding its Medicaid program in a move to better align the state with the Affordable Care Act. Per the federal law, states have the option to expand their Medicaid programs in order to make them more accessible to a wider range of people. New Mexico is keen to address some of the issues concerning the lack of health insurance coverage among low-income individuals and families by ensuring…

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Unemployment insurance gets and overhaul in New Mexico

Dan
Unemployment Insurance North Carolina

Unemployment insurance system of New Mexico to receive an upgrade New Mexico is set to launch a new Unemployment Insurance Tax & Claims system that could help improve the efficiency and integrity of the state’s unemployment insurance program. The system will be launched by the Department of Workforce Solutions, and will help the agency prevent, detect, and recover from illegitimate unemployment insurance payouts that may have been issued due to fraud. The system has won the approval of Governor Susana Martinez, who is eager to welcome the system to the…

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New Mexico to establish new insurance regulation structure

Marc
New Mexico health Insurance Regulation Structure

New Mexico aims for new regulatory structure for the insurance industry The New Mexico government is preparing to enroll tens of thousands of residents into new health insurance plans and this has spurred state lawmakers to make changes to regulations that oversee the insurance market. Earlier this month, New Mexico voters approved a change to the state’s constitution. According to the change, insurance companies will no longer be regulated by the Public Regulation Commission. Next July, these companies will fall under the regulatory authority of the Office of the Superintendent…

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Insurers seek to “share the risk” with communities with a higher chance of wildfires

Insurance news – Can industry and consumers find a common ground Insurance companies have announced their hopes to “share the risk” of wildfires with the communities and homeowners located within wild land-urban interface areas. A Rocky Mountain Insurance Information Association presentation outlined the details of the fact that insurance companies are not as willing to provide or renew insurance to customers who are at a high risk of wildfires. As stated by a New Mexico-based State Farm Fire and Casualty Insurance Company official, Matt Brenner, “Why should homeowners be interested…

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