premium increases


V.19 No.15 | 4/15/2010

Guest Editorial

Swollen Rates

Blue Cross customers battle price hikes against a backdrop of health reform

The national debate on health care hit home for 40,000 New Mexicans with individual coverage through Blue Cross. In February, customers received notice of premium increases as high as 30 percent. Some of them have contacted my office to say they’ve already been forced by earlier premium increases to switch to less generous coverage plans and higher deductibles. They have no options left and can’t afford more increases. The Public Regulation Commission directed Morris Chavez, the superintendent of insurance, to give the Blue Cross hikes a formal review. The increases were suspended pending a Monday, April 26 hearing that will be held at the PRC’s offices in Santa Fe.

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