NM Health Insurance Exchange Extended Registration Period | Local news

The January 1 open filing deadline came and went on Thursday for the Obama-era state health insurance exchange for those who are self-employed or not offered employer insurance.

But the New Mexico beWellnm exchange has extended the deadline to December 31st to receive coverage from January 1st. If you miss this deadline, you can register by January 15th for coverage to begin on February 1st.

“This is one of the advantages of having control over our own system,” said Jeffery Bustamante, CEO of beWellnm. “We knew that we had a certain flexibility with our technology. We got to know each other last week and decided to give the New Mexicans more time. “

Approximately 42,000 new Mexicans have signed up for open enrollment in 2022, roughly the same number as in 2021.

“We believe there are a few thousand more to catch,” said Bustamante.

The Federal American Rescue Plan Act contains a provision that dramatically reduces the cost of health insurance coverage for many. According to BeWellnm, 4 out of 5 new Mexicans can sign up for a plan for less than $ 10 a month.

The average premium in 2020 was $ 188 per month.

“A person who makes $ 26,000 a year can sign up for a gold, silver, or bronze plan for $ 19 or less,” said Bustamante. “Eighty-nine percent of those enrolled choose gold or silver plans.”

The health insurance exchange carriers for 2022 are Molina and Blue Cross Blue Shield of New Mexico, both involved since the beginning; Friday Health Plans and Ambetter (aka Western Sky Community Care) were new to the stock exchange; True health; and the Presbyterian Health Plan returns after an absence since 2016.

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