The board of directors voted to continue serving members through the end of 2020. However, members will have to choose a new health insurer for the 2021 plan year.
“It is with deep sadness that based on challenging market conditions, the board made a painful decision to wind down operations of New Mexico Health Connections at the end of this year,” Marlene Baca, CEO and president of New Mexico Health Connections, said in a prepared statement. “Rather than spending resources on next year’s uncertain market, we would rather make sure we protect our current members.”
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