New Mexico is faring better than most states with health care costs under the Affordable Care Act. Our state experienced the third-largest drop in insurance premiums nationwide since last year.
An analysis by the Kaiser Family Foundation breaks down statewide health care costs by looking at Silver Plan premiums in major cities across the country. The analysis shows New Mexico residents as a whole will be paying nearly 12 percent less for health insurance than they did during the previous open enrollment period. Nationally average insurance costs have stayed relatively the same. The Kaiser report shows only Colorado and Mississippi experienced a greater drop in coverage prices, while costs in other states increased between 18 and 28 percent.