KUNM

Martin Hickey

N.M. Insurer Saw Trump's Subsidy Cuts Coming

Oct 13, 2017
Proulain via Pixabay / creative commons license

President Trump’s decision to cancel cost sharing subsidies to insurance companies has prompted speculation that plans offered under the Affordable Care Act could unravel. Some insurers in New Mexico are saying not to worry yet.

OpenClipArt-Vector via Pixabay / Creative Commons License

As Republicans work to fulfill their promises to repeal and replace the Affordable Care Act, the future of healthcare in the U.S. is up in the air. In New Mexico, health insurance carriers have to submit their proposed premium rates by this weekend. After state officials review them, the public will have 10 days to weigh in.