Health Insurance Blog

For many American families, COBRA coverage is still too expensive even with the current COBRA subsidy which is temporarily in place.  The COBRA subsidy program pays 65% of the monthly premiums for up to 15 months, but still can require a substantial monthly expense, as the average family of four still pays on average $389 per month even with the subsidy.

A recent report by eHealthinsurance.com found that in twenty states, families could save $600 per year ($50/mo) by purchasing a family health insurance plan as oppose to opting for the COBRA coverage.  Even with the subsidy!

The twenty states that were found to offer the affordable health insurance identified in the report include:  Alabama, Arizona, Arkansas, Florida, Idaho, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Mississippi, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, South Dakota, Utah, Wisconsin, and Wyoming.

Lovelace health System is rolling out a Prescription discount program that will offer discounts on 350 generic drugs. The plan will start Jan 1, and will be free to the 195,000 plus member of Lovelace Health Plan.

New Mexico residents who would like to purchase this discount drug plan that are not member s of Lovelace Health Plan can do so for $10 per year for an individual of $20 per year for a family.

More information about New Mexico health insurance.

According to a recently released report by the US Census Bureau, about 23% of New Mexico residents did not have health insurance coverage in 2007-2008.  Not only is the rate of uninsured in New Mexico the second highest in the country, but the 23% that were uninsured in New Mexico according to the report was measured prior to the current economic downturn that we have experienced over the last couple years.

Nationally, just over 15% of the adult population is uninsured.  Texas has the highest uninsured % in the country as about one in four Texas residents go without health insurance coverage.

More information about New Mexico health insurance.