New Mexico gives residents a nudge for health insurance

December 14, 2015December 12, 2015 H. Cutner

Capital Building Santa Fe New Mexico health insurance

As the deadline rapidly approaches, the state has been reminding residents that they should act quickly. New Mexico has been reminding people who have not yet purchased their health insurance that they should head to the state exchange if they want to be sure they’ve bought their coverage in time for the first deadline on December 15. For people who want their coverage to start on January 1, 2016, they need to buy a health plan by Tuesday. The final deadline for the open enrollment period is going to be…

Blue Cross Blue Shield of New Mexico pulling out of state’s health insurance exchange

September 1, 2015August 30, 2015 Logan B.

Insurer will not be providing individual coverage through state’s exchange next year Blue Cross Blue Shield of New Mexico will be exiting the New Mexico health insurance exchange next year, according to the state’s Superintendent of Insurance, John Franchini. The insurer is pulling out of the exchange marketplace after having its rate increase proposal denied by state regulators. Blue Cross Blue Shield had sought approval for a significant increase in premiums for coverage it would provide in 2016, but state regulators found that the amount that the insurer wanted to…

Study highlights increasing homeowners insurance costs in New Mexico

March 27, 2015March 26, 2015 Nordstrom

New Mexico homeowners can expect to pay more for their insurance coverage A new study from Insurancequotes.com has shown that those living in New Mexico could expect to be paying more for their homeowners insurance. Summer is coming and that means the beginning of fire and flood season in the state. Fires and floods can cause significant damage to property, as has been seen in the past. These disasters have had an impact on the insurance industry, and those living in risk-prone areas of the state could see their homeowners…