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New Mexico exchange may offer cheaper health plans

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Posted: Friday, September 6, 2013 7:30 pm | Updated: 8:39 pm, Fri Sep 6, 2013.

The cost of medical coverage plans available through New Mexico’s health insurance exchange likely will be lower than in many other states, according to a new national study.

The state’s insurance regulator also said uninsured New Mexicans will find more health insurance options through the exchange than currently are available through the private insurance market. For people who qualify for federal subsidies to buy their insurance, premiums will typically be lower than current market rates, according to State Insurance Superintendent John Franchini.

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