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Health Insurance in NEW MEXICO

Looking to buy individual or group health insurance in New Mexico? Check your requirements here. We provide low cost health insurance for individual and family, also for employer-based coverage. There are a host of health insurance companies based in New Mexico that offer affordable health insurance plans according to the specific needs of insurance seekers.

The health insurance marketplace in New Mexico offers customized health insurance coverage. Different health insurance plans like HMO, PPO, indemnity, POS, etc can be matched with the customer’s basic health insurance plan to provide the best suitable healthcare arrangement for him/her.

Why New Mexico needs low cost health insurance?

Innumerable challenges in public health abound the state. Even when the density of population for NM is low, huge socio-cultural diversities pose a serious challenge in improving the health condition of the NM people. A big chunk of the population is found suffering from heart diseases and cancer. Moreover, common modern day illnesses like obesity and substance abuse also run at a higher rate with the New Mexicans.

Until 2010, before ACA was introduced, New Mexico faced a huge setback as the number of uninsured was extremely high. It was only after the Affordable Care Act (ACA) got implemented, one main feature of which was the expansion of Mediciad, New Mexico seems heading towards a positive road in terms of healthcare.

Health insurance statistics in New Mexico

The current statistics on status of health insurance coverage in New Mexico stands at:

  1. Uninsured citizens: 23.16%
  2. HMO enrollees: 524,206
  3. Average premium per individual in employee-sponsored coverage: $950
  4. Cost for each inpatient/day: $1,900

Affordable Health Insurance New Mexico

If you are a resident or legal immigrant in New Mexico, you need to be covered under the US healthcare coverage. However, you must also be aware of the innumerable challenges New Mexico experiences in health concerns. There has been earlier mention of high uninsured population rates. Plus, the number of dentists and Primary Care Physicisians (PCP) are really low.

Health insurance New Mexico ratings

In health rankings within the USA, NM ranks #37 (according to 2015 ratings). The state is #45 in providing adequate healthcare as the there is huge lapse in its health rankings. Also, in terms of medical facilities provided for infectious diseases, NM is at #48. A recent commonwealth report states that access to healthcare affordability for NM stands last at #50. To specifically target access plus affordability of healthcare, there is an exclusive healthcare initiative taken by NM.

The state is looking to bring higher transparency into in medical health care. Insurance providers have been directed to be extremely fair with their pricing, prohibiting price discrepancies between different insurers. All this came into effect from 2014.

Health insurance plans in New Mexico

Almost all the plans are available with the New Mexico health insurance marketplace. These plans can be either purchased individually and also combined together to make a customized-comprehensive package. The following plans are available with health insurance New Mexico:

Dental Vision
POS Indemnity
Medicaid Medicare

Health insurance companies in New Mexico

Understanding the need to cover maximum number of people under healthcare coverage, TrueCoverage offers affordable New Mexico health insurance plans for individuals, families and small businesses from the following leading carriers:

Blue Cross/Blue Shield United Health Care
Aetna Humana
CIGNA Presbyterian
NM Health Connections Benefit Source
Delta Dental Davis Vision
VSP Dearborn National/BCBS
Principal Financial Services Eye Med

Come to TrueCoverage and

  1. Shop while Comparing New Mexico health plans
  2. Receive health insurance quotes absolutely free
  3. Enroll in affordable health insurance plans online
  4. Communicate with our licensed insurance advisors, call 1-888-505-1815

New Mexico State Stats

New Mexico (31° 20’N to 37°N and 103°W to 109°W), founded in 1610,  is a famous Southwestern state that encompasses diverse terrains like Sange de Cristo mountains and the Chihuahuan desert. Encapsulating a total area of 121,412 sq miles, this state inhabits a total population of 2,085,109.  
Total population: 2,035,200

Health Insurance Coverage: Total Population

  • Employer: 37%
  • Non-Group: 5%
  • Medicaid: 28%
  • Medicare: 15%
  • Other Public: 3%
  • Uninsured: 12%

(Source: Kaiser Family Foundation Survey, 2014)
Percent Change in Uninsured Rate: Age-wise, 2013-2014

  1. Children 0-18: 7% reduction
  2. Adults 19-64: 35% Reduction
  3. Total: 31% Reduction

Enrollees Receiving Financial Assistance at Exchanges as part of the Subsidy-Eligible group as of June 30, 2015

  1. Total Enrollees receiving Financial Assistance: 32,341
  2. Estimated Number of Potential Marketplace Enrollees Eligible for Financial Assistance: 58,000
  3. Percent of the Potential Subsidy-Eligible Population Enrolled: 55%

Shop, compare and enroll in Subsidized ACA plans

Call TrueCoverage Subsidy Hotline to get a free estimate for the eligible health plan subsidy: 1-888-505-1815

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