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Court denies insurance rate increase for Blue Cross NM
The New Mexico Supreme Court denied Blue Cross and Blue Shield of New Mexico’s request to keep a 21 percent average rate hike in place. Regulators had suspended the increase and scheduled a public hearing, as carrier and state officials previously agreed to a settlement seen as controversial.
MENTIONED IN THIS ARTICLE
Santa FE
State Supreme Court
Blue Cross
Blue Shield
New Mexico
State Insurance Division
Attorney General's Office
PRC Insurances Santa FE
State Public Regulation Commission
John Franchini
Franchini
Morris Chavez
New Mexico Mutual Group
Creighton University
Omaha
Neb