Side Effects: Bad News for New Mexico Residents Who Like Their Current Health Plan

Kathryn Nix / November 03, 2010

Once again, the promise that Americans can keep the health coverage they like under Obamacare has been broken. National Health Insurance, Aetna, John Alden, and Principle have reported that they “need to make adjustments in their business to accommodate the nation’s new federal health care law.”

The National Health Insurance Co. (NHIC), a Dallas-based insurer, recently announced that it would no longer offer insurance plans in the individual and small group markets in New Mexico. According to NHIC President Charles Harris, “After careful consideration…National Health Insurance Company has determined it will not be able to meet the requirements set forth by the Patient Protection and Affordable Care Act.” (more…)