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Discover New Mexico's innovative health insurance plan comparison tool at BeWellNM.com. This user-friendly resource allows consumers to shop and compare health insurance plans without needing to create an account on healthcare.gov. The tool displays plan prices after federal premium subsidies are applied, making it easier to assess affordability. Additionally, the site features a subsidy calculator to help you understand potential savings. Whether you're single or have a family, BeWellNM.com is your go-to for finding the right coverage in New Mexico.
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NMHIXBE WELL NM NEW MEXICO HEALTH INSURANCE EXCHANGE BeWellNM.com
PLAN COMPARISON TOOLS New Mexico has a unique plan comparison tool on the BeWellNM.com website that lets consumers shop and compare plans without opening an account on healthcare.gov The BeWellNM website also links to a calculator to determine federal subsidies. The plan comparison tool shows plan prices after deducting the federal premium subsidy so that consumers can understand the affordability of the plans.
WEBSITE www.BeWellNM.com
Examples Example 1 Joe is 35, single, lives in Taos and makes $7.65 per hour and works 40 hours per week. He is eligible for a federal premium subsidy of $2,507 per year or $208.92 per month. It is important to him to have the lowest possible premium—so he chooses a bronze plan with a premium cost of $188.69 per month so pays no premium for his coverage. He has an out of pocket maximum of $6,350.
Examples Example 2 John and Susan are both 30 and have two children. Their household income is $58,000 per year and they live in Roswell. They are eligible for a premium subsidy of $350.08 per month and use this to pick a silver plan to cover the whole family for a net cost of $373.88 per month.