facebook-24x24

Click to search Click to search

Santa Fe, NM –New Mexico Superintendent of Insurance Russell Toal announced today that health insurance premiums will decrease significantly for individuals and families purchasing their own coverage through beWellnm (New Mexico’s Health Insurance Exchange). Average plan prices dropped in the Bronze, Silver, and Gold plan categories across the state. Silver plans, the most common plan purchased on the individual Exchange, will decrease between 8.1 and 13.5 percent on average.  Small businesses will experience a 6.7 percent average premium decrease on beWellnm.

The Office of Superintendent of Insurance (OSI) reviews health insurance filings annually to determine whether rates are reasonable and fair.

“After a rigorous review of health insurance filings, our office is pleased to report that premiums are going down in 2021,” said Superintendent Toal. “Not only are rates decreasing, but New Mexico will have more health plans competing in the marketplace than ever before”

“These premium reductions will come as a relief to New Mexico’s families and small businesses who are facing economic hardship during the global pandemic,” said Governor Michelle Lujan Grisham. “It is vital that every New Mexican have affordable quality health insurance during a public health crisis.”

“BeWellnm is proud to work with the Superintendent’s office to make sure every New Mexican can find and enroll in health insurance,” said Jeffery Bustamante, CEO of beWellnm. “As we approach November 1, which marks the beginning of open enrollment, I encourage anyone who needs insurance to start looking at what option is best for their budget and lifestyle. Especially right now, health insurance is more important than ever. You can reach beWellnm at 1-833-862-3935 for over-the-phone help or visit www.bewellnm.com for more information.”

Despite the departure of New Mexico Health Connections, the number of insurers competing in New Mexico’s individual marketplace increased from four to five, as new insurers entered the market. OSI released a Frequently Asked Questions resource for Health Connections customers in August and urged all enrollees to actively shop around this year to make sure they find a plan that meets their health and budget needs. Health Connections customers who do not sign up for a plan will be assigned to a comparable plan on the marketplace so that they do not become uninsured.

New Mexico’s 45-day Open Enrollment Period for coverage that starts on January 1, 2021, begins November 1 and ends on December 15. Most people who purchase coverage onbeWellnm.com qualify for financial help to reduce their premiums. Lower income individuals can reduce their out of pocket costs by selecting Silver plans that qualify for Cost Sharing Reductions.

Join GCB Three Times Weekly Updates

Welcome to Three Times Weekly Updates! You will be subscribed to email notifications with links to recently posted articles.
captcha 
You can unsubscribe anytime. We never share or rent your email to anyone.

Fire Alerts

Editor's Note

Check out Pets to Adopt. The High Desert Humane Society has some new cats and dogs up for adoption.

Those new to providing news releases to the Beat are asked to please check out submission guidelines at https://www.grantcountybeat.com/about/submissions. They are for your information to make life easier on the readers, as well as the editor.

Classifieds: We have changed Classifieds. Check periodically to see if any news ones have popped up. The former software failed us, so it's just a category now, with prices posted. Send your information to editor@grantcountybeat.com and we will post it as soon as we can. Instructions and prices are on the page.

Images: We have received complaints about large images blocking parts of other articles. If you encounter this problem, click on the title of the article you want to read and it will take you to that article's page, which shows only that article without any intruders. It's a software problem, not easily fixable, other than showing fewer articles per summary page. If you are a frequent visitor, you might not mind fewer articles per page, but if you only come once in a while, you likely want to see more articles to browse. Write me at editor@grantcountybeat.com to let me know your feelings on this issue. 

Compliance: Because you are an esteemed member of The Grant County Beat readership, be assured that we at the Beat continue to do everything we can to be in full compliance with GDPR and pertinent US law, so that the information you have chosen to give to us cannot be compromised. 

New Columnists: The Beat continues to bring you new columnists. And check out the old faithfuls who continue to provide content.

The Beat has a column for you gardeners out there. The Grant County Extension Service will bring you monthly columns on gardening issues. The first one posted is on Winterizing your houseplants and patio plants.

The Beat totally appreciates its readers and subscribers!  

WARNING:

All articles and photos indicated by a byline are copyrighted to the author or photographer. You may not use any information found within the articles without asking permission AND giving attribution to the source. Photos can be requested and may incur a nominal fee for use personally or commercially.

NOTE: If an article does not have a byline, it was sent to the Beat and written by someone not affiliated with the Beat

Don't forget to tell advertisers that you saw their ad on the Beat.

Newsletter: If you subscribe to the Join GCB Three Times Weekly Updates option on the left side of this page, you will be subscribed to email notifications with links to recently posted articles.

Here for YOU: Consider the Beat your DAILY newspaper for up-to-date information about Grant County. It's at your fingertips! One Click to Local News.

Feel free to notify editor@grantcountybeat.com, if you notice any technical problems on the site. Your convenience is my desire for the Beat. 

Disclaimer: If you find errors in articles not written by the Beat team but sent to us from other content providers, please contact the writer, not the Beat. For example, obituaries are always provided by the funeral home or a family member.

We can fix errors, but please give details on where the error is so we can find it. News releases from government and non-profit entities are posted generally without change, except for legal notices, which incur a small charge.

Thanks for your support for and your readership of Grant County's online news source—www.grantcountybeat.com

20191110