N.M. welcomes federal OK for state-run exchange

SANTA FE – Gov. Susana Martinez’s administration says New Mexico is on track to establish a health-insurance exchange this year now that the federal government has given the green light to the state’s plan for a clearinghouse to help small businesses and individuals buy affordable coverage.

New Mexico received conditional approval from the federal government on Thursday for its plan for a state-run exchange.

Human Services Department spokesman Matt Kennicott said the administration will move forward with “a marketplace that is for New Mexicans, by New Mexicans and not a one-size-fits-all approach from Washington, D.C.”

The exchange is to be ready to enroll people starting next October and under federal law must be fully operating by January 2014.