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Blue Cross and Blue Shield of New Mexico Will Not Offer Individual Products on the New Mexico Health Insurance Exchange in 2016
The Business Journals
Aug. 27, 2015 "According to the insurer, the premium rates BCBSNM charged for individual insurance products in 2014 and 2015 did not cover the claims costs the insurer incurred -- ultimately resulting in a $19.2 million loss.... The decision comes after the Office of the Superintendent of Insurance (OSI) formally denied the insurer's 51.6 percent premium rate increase earlier this month." MORE >> |
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