New Mexico Health Insurance
Information about Health Insurance in New Mexico
Purchasing health insurance in New Mexico can be somewhat confusing. Not all providers of health insurance in New Mexico cover the entire state. Providers of New Mexico health insurance available in Albuquerque might not be available in Carlsbad. Whatever your needs it always best to know the laws protecting you when purchasing health insurance in New Mexico.
As in most states, group New Mexico health insurance offers the greatest degree of consumer protection. Employees have to be covered under the group New Mexico health insurance policy purchased by their employer if they are eligible. Exclusions from group New Mexico health insurance can be applied for a maximum of six months for fully insured group New Mexico health insurance, and 12 months for self-insured group New Mexico health insurance. Exclusions from group New Mexico health insurance can only be applied for pre-existing conditions diagnosed within six months prior to the beginning of group New Mexico health insurance. Pregnancy cannot be considered a pre-existing condition for group New Mexico health insurance.
Providers of individual New Mexico health insurance are free to deny coverage for any reason. If you are denied coverage for individual New Mexico health insurance, you may purchase an individual New Mexico health insurance policy from the New Mexico Medical Insurance Pool. Most providers of individual New Mexico health insurance are not limited in the premiums and rates that they can apply. The exception is Alliance, which has a fixed premium and rate schedule for individual New Mexico health insurance. Exclusions from individual New Mexico health insurance are limited to six months and may only be applied for pre-existing conditions diagnosed within six months of the start of individual New Mexico health insurance. Pregnancy can be considered a pre-existing condition for individual New Mexico health insurance.
Small businesses cannot be denied the ability to purchase a small group New Mexico health insurance policy. Premiums and rates can be raised based on the health of small group New Mexico health insurance members. However, this increase is limited to an annual percentage. Self-employed individuals may only purchase small group New Mexico health insurance through Alliance.
Because New Mexico is such a large state with wide population difference, regional coverage for health insurance in New Mexico can be difficult to find. BusinessHealthInsurance is prepared to give you quotes for the most affordable health insurance in New Mexico.