HEALTH INSURANCE PROVIDERS IN NEW MEXICO WANT A RATE HIKE … AND RIGHT NOW THEY’RE ASKING TO RAISE THE RATE FROM 20 PERCENT TO 85 PERCENT. NEW MEXICO HEALTH CONNECTIONS SUBMITTED THE 85 PERCENT PLAN … BUT CEO MARTIN HICKEY TELLS THE NEW MEXICAN THEY’LL ALL TURN IN A SECOND ROUND OF PROPOSALS.
THE SANTA FE NEW MEXICAN REPORTS THE FIRST CHANGES DUE JULY 10TH. HEALTH INSURANCE COMPANIES IN NEW MEXICO ARE TRYING TO GAUGE NEXT YEAR’S MARKETPLACE AND DIFFERENT INSURERS ARE REQUESTING DIFFERENT RATE INCREASES.
THE NEW MEXICO HEALTH CONNECTIONS IS ASKING FOR THE 85 PERCENT HIKE, WHILE MOLINA HEALTH CARE WANTS THE LOWEST AT 21 PERCENT. CHRISTUS HEALTH PLAN REQUESTED A 49 PERCENT HIKE … AND BLUE CROSS BLUE SHIELD WANTS A 25 PERCENT RATE HIKE.
