New Mexico Office of Superintendent of Insurance · September 2, 2026 · Primary source
NEW MEXICO ANNOUNCES RATES FOR 2027 ACA PLANS, STATE PREMIUM SUPPORT WILL CONTINUE TO HELP ENROLLEES WITH COSTS
Summary
The New Mexico Office of Superintendent of Insurance approved 2027 individual market ACA plan rates on September 1, 2026, with an average rate increase of 24.4%, which OSI states is actuarially sound as required by federal and state law. The approved rates apply to plans sold on and off BeWell, the New Mexico Health Insurance Marketplace. OSI attributed the increases to rising healthcare costs and inflation.
What this may mean
New Mexico individual market ACA insurers are approved to implement an average 24.4% premium increase for plan year 2027, affecting enrollees on and off the state exchange. The rate approval confirms actuarial soundness under applicable federal and state standards. The excerpt does not disclose whether state premium support programs will offset the increases for any specific enrollee population.
Informational only. Not legal, medical, financial, or other professional advice. Always consult a qualified professional familiar with your specific facts before relying on any item.
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