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New Mexico high-risk health pool rates to increase

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Posted: Thursday, March 13, 2014 7:00 pm | Updated: 11:21 am, Fri Mar 14, 2014.

ALBUQUERQUE — Insurance rates for people covered by New Mexico’s high-risk pool will go up nearly 24 percent, partly because enrollment is shrinking as more previously uninsurable people find coverage through a new health insurance exchange.

The head of the pool created by the state in 1987 said another reason for the premium increase taking effect July 1 is that the premiums are being brought more in line with those of other insurance products on the market, the Albuquerque Journal reported.

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2 comments:

  • Kimberly Williams posted at 12:10 pm on Sat, Mar 22, 2014.

    grammykimi Posts: 1

    A "high risk" plan is very expensive & offers horrid coverage. In this case, The ACA is doing what it is supposed to & for less money.

     
  • Pierce Knolls posted at 8:47 am on Fri, Mar 14, 2014.

    Mister Pierce Posts: 1687

    Just another piece of evidence proving that the misnamed Affordable Care Act is just going to make health insurance and healthcare more expensive for middle-class America.

     

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