New Mexico To Transition To State-Based Health Insurance Exchange In 2021
The New Mexico Health Insurance Exchange (NMHIX), branded as beWellnm, plans to transition to a state-based health insurance exchange in 2021; currently it relies on the federally facilitated marketplace for the individual marketplace while maintaining its status as a State-Based Exchange on the federal platform (SBE-FP). On September 21, 2018 the beWellnm Board of Directors, voted to transition to a fully state-based exchange (SBM) model. BeWellnm anticipates that the new individual exchange technology will be ready for launch in late 2020 for plans effective in January of 2021.
In preparation for the transition, beWellnm issued a . . .