Blue Cross Blue Shield of New Mexico won't offer 2016 plans on state health exchange
President
The letter said
"We were unable to reach an agreement with the Office of Superintendent
Existing policies will remain in force until the end of the year and the insurer's small group, large group, comerical, Medicare Advantage Prescription Drug,
Insurance Superintendent
Franchini said he was prepared to instead approve a 24 percent increase and was waiting for
He had approved much smaller rates for the other insurance companies that offer plans on the exchange,
Those insurers say they are willing to accommodate
"We are extremely disappointed that BCBSNM will not be an option for our customers on the New Mexico Health Insurance Exchange in 2016," Shipley said, in a statement.
Franchini said that
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