Health insurance in New Mexico is sold through beWellnm, with an estimated 35-60 plans available for 2026. The average Silver-tier premium is $360/mo before subsidies for a 40-year-old non-smoker. Medicaid status: Expanded.
Marketplace
beWellnm
beWellnm
Avg Silver Premium
$360/mo
Before tax credits, age 40
Medicaid
Expanded
Affordable Care Act status
| Field | Value | Notes |
|---|---|---|
| Marketplace | beWellnm | State-run exchange |
| Open Enrollment 2026 | Nov 1, 2025 – Jan 15, 2026 | Special enrollment for QLEs year-round |
| Plans available | 35-60 | Bronze/Silver/Gold/Platinum tiers |
| Medicaid expansion | Expanded | Up to 138% FPL |
Premium and plan counts are estimates for 2026 based on prior-year filings and pending rate approvals. Always verify pricing on the marketplace itself before enrolling.
New Mexico launched its own state-based exchange, beWellnm, in 2023, transitioning from Healthcare.gov. The marketplace offers 35–60 plans, with Presbyterian Health Plan, BCBS New Mexico, and Molina as the leading carriers. Silver premiums average $350–$375/month for a 40-year-old before subsidies, among the lowest in the nation. This is partly due to a competitive market and the state's low average healthcare costs. New Mexico's large rural and frontier areas — as well as significant Native American populations on reservations — create access challenges even with insurance. Albuquerque and Santa Fe have the most competitive markets.
New Mexico expanded Medicaid (Centennial Care) in 2014 and has one of the highest Medicaid enrollment rates per capita. The state has pursued aggressive coverage expansion initiatives, including extending Medicaid coverage to all income-eligible adults and improving services for its significant Native American population. New Mexico also enacted legislation to fund a state-level reinsurance program, contributing to the low premiums. The state's high rate of poverty means a large share of residents qualify for Medicaid or heavily subsidized marketplace plans.
Leading 2026 ACA carriers in New Mexico: Presbyterian Health Plan, Blue Cross Blue Shield of New Mexico, Molina Healthcare. Plan selection and network breadth vary widely by ZIP code — use the marketplace's plan-finder tool with your ZIP and household income for accurate availability.
New Mexico launched beWellnm as its state-based exchange in 2023, and the state has some of the lowest benchmark Silver premiums in the country.
New Mexico expanded Medicaid under the ACA. Adults under 138% of the Federal Poverty Level (FPL) qualify — about $20,800/yr for an individual or $43,000/yr for a family of 4 in 2026.
💡 New Mexico Pro Tip
New Mexico operates its own state-based exchange called beWellnm, launched in 2023.
A 40-year-old non-smoker in New Mexico typically pays about $350–$375/month for a Silver plan before subsidies — among the lowest in the nation.
Yes. New Mexico expanded Medicaid (Centennial Care) in 2014. Adults earning up to 138% FPL are generally eligible.
Marketplace data sourced from state and federal exchange filings for New Mexico, April 2026. Premium estimates are 2026-projected.
Jennifer Walsh
Editorial Lead, Health & Medicare
This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.
Reviewed April 2026
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