Health Insurance Enrollment at beWellnm Closing Soon

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Health Insurance Enrollment at beWellnm Closing Soon

Open Enrollment Period Ends January 31, 2017

FOR IMMEDIATE RELEASE

Contact: Tom Garrity, The Garrity Group, 505.898.8689 or tom@garritypr.com

ALBUQUERQUE, NM – The open enrollment period for beWellnm, New Mexico’s official Health Insurance Exchange (NMHIX), is ending soon. Tuesday, January 31 will be the last day New Mexicans can either sign up for health insurance or change their existing plan for coverage in 2017.

BeWellnm Enrollment and Assistance Centers across the state will stay open late until 8p.m. on January 31 to ensure every consurmer has the opportunity to enroll. Enrollment and Assistance Centers are located in Albuquerque, Santa Fe, Farmington, Las Cruces, and Gallup. To find contact information, visit the beWellnm here.

When signing up for coverage online or at one of the five statewide beWellnm Enrollment and Assistance Centers, New Mexicans will have the chance to compare health plans side by side to determine which one fits their needs best. Consumers will need to provide some information about themselves and the members of their household who are interested in enrolling. As consumers shop for the right plan, beWellnm offers the following bilingual online and in-person resources to help them make the right decision:

Health Insurance Costs FAQs: Read about the costs you may pay, including monthly premiums, annual deductible, copays and coinsurance. Spend time learning about health insurance costs and decide if you prefer a higher deductible with lower monthly premiums or a lower deductible with higher monthly premiums.
beWellnm Plan Finder:  Compare health insurance options. Every health plan includes a basic set of essential benefits, but others offer additional coverage.
State Certified Enrollment Counselors: Located in community venues such as hospitals, clinics, and schools, Enrollment Counselors and brokers are available to answer your questions. Find a certified Enrollment Counselor, broker or agent here.
Network Overview: Find out if your doctors are included in a health plan’s network before enrolling in the plan. In-network and out-of-network care may affect the costs you pay.
beWellnm Enrollment Events: BeWellnm representatives are available at events throughout the year all across the state, including the upcoming KOB 4 Health & Wellness Fair on January 28 and 29 in Albuquerque. Full calendar of events is available here.

For more information on enrollment and important deadlines visit the FAQ page on www.beWellnm.com.

BeWellnm is an affordable alternative for New Mexico residents who don’t have insurance offered through their workplace, don’t qualify for Medicare or Medicaid, or are without health insurance. It is the only place where New Mexicans can get financial assistance or tax credits for health care (68 percent of all consumers enrolled through beWellnm in 2016 received financial assistance).

Residents who go without health insurance in 2017 may have to pay a feem which will reflect in their 2018 tax returns, unless a health coverage exemption is presented. Those presented with the fee will pay the higher of these two amounts:

2.5% of your yearly household income (Only the amount of income above the tax filing threshold, about $10,150 for an individual in 2014, is used to calculate the penalty.) The maximum penalty is the national average premium for a Bronze plan.

$695 per person ($347.50 per child under 18) the maximum penalty per family using this method is $2,085.

About beWellnm, New Mexico’s Health Insurance Exchange

BeWellnm was created to help individuals and small businesses get access to affordable health insurance plans. BeWellnm helps consumers compare health insurance plans and choose the plan that works best for their health needs and budget. BeWellnm also helps individuals determine whether they are eligible for premium assistance and if so, at what level. Through beWellnm for Small Business, small businesses are able to purchase competitively priced health insurance plans and offer their employees the ability to choose from an array of plans. Enrollment Counselors and insurance agents and brokers are available throughout the state to help with signing up for health insurance.

To find more information on beWellnm, New Mexico’s Health Insurance Exchange, visit www.beWellnm.com or call 1-855-996-6449.