The Line: Premium Increase Request From BlueCross BlueShield Rejected by NM Officials

August 14, 2015 – Local media reported this week that BlueCross BlueShield of New Mexico did not receive approval from the state Office of the Superintendent of Insurance for a requested 51 percent premium increase.

Albuquerque Business First reports that other insurance companies requested premium increases of 2 to 7 percent. BlueCross BlueShield officials told the paper that the company now plans to stop offering insurance plans through the New Mexico Health Insurance Exchange in 2016.

What could this mean for New Mexicans? This week’s Line opinion panelists share their thoughts with host Gene Grant.

LINE PANELISTS:
Janice Arnold-Jones, former state representative
Tom Garrity, Garrity Group PR
Carolyn Parrs, Mind Over Markets
Laura E. Sanchez-Rivét, attorney Sanchez Legal Solutions