HEALTH INSURANCE PREMIUMS LOWER FOR 2021 IN NEW MEXICO

The Office of the Superintendent of Insurance announced health insurance premiums for 2021. New Mexicans who are shopping for health insurance through the beWellnm can now expect to see less cost on their premiums; the AP reports. According to the office, the average cost of premiums declined significantly in each of the plan categories across the state. In addition to the lower costs, New Mexicans can also expect to see more health plans available inside the marketplace. The last time a decrease was recorded by the agency, was in 2015. Attributing to the decrease is the addition of two new insurers- Western Sky Community and Friday Health Plan.