NM awarded nearly $19M to market health exchange

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By Barry Massey

SANTA FE, N.M. (AP) — New Mexico has received a nearly $19 million federal grant for its health insurance exchange for marketing, education and outreach to make uninsured individuals and businesses aware of their options for obtaining medical coverage through the state's online marketplace.

The exchange, which is envisioned as a one-stop online shopping center for insurance, expects to enroll more than 80,000 uninsured New Mexicans in insurance plans next year and up to 211,000 people by 2020.

However, the exchange faces rapidly approaching deadlines under federal law of starting enrollment in October and fully operating in January.

New Mexico plans to initially rely on a federally operated exchange to enroll individuals but use the state-run system for businesses.