Health insurance premiums will fall in 2021 for New Mexicans enrolled in beWellnm, the state’s Obama-era insurance exchange for workers who aren’t offered health coverage through employers and those who are self-employed.
The New Mexico Office of Superintendent of Insurance reported Tuesday that “silver” plans — those ranked in the middle category — will drop an average of 8.1 percent to 13.5 percent next year.
Consumers can choose from three levels of plans offered by five insurance carriers participating in the exchange.
Santa Fe has the lowest decreases among the state’s five regions at 6.7 percent for bronze plans, 8.1 percent for silver plans and 7.2 percent for higher-level gold plans.
The premium costs for a 40-year-old in Santa Fe will decrease by an average of $21.78 a month for a bronze policy, for a monthly rate of $296.94; $34.30 a month for a silver policy, for a rate of