ALBUQUERQUE, N.M. (AP) — New Mexico's health insurance exchange is looking for suggestions and comments as it develops a plan to become financially stable over the long term.
The exchange will need to be fully self-sustainable by Jan. 1, 2016. That's when federal grant funds for operations will no longer be available. Starting this January, the exchange will also need to fund its program for small business health insurance options.
Officials say the exchange has been working on its plan over the past year and the goal is to have minimal impact on New Mexicans and insurance companies.
The plan calls for imposing assessments on insurers to raise revenue.
The exchange board of directors will accept written comments through Dec. 19. The board has also scheduled a meeting that same day in Santa Fe.