beWellnm will launch its own exchange platform

BeWellnm’s board of directors voted unanimously Friday for the New Mexico Health Insurance Exchange to become a state-based exchange, which the organization said will streamline operations and save clients money.

Cheryl Gardner, the insurance exchange’s CEO, said beWellnm is currently operating with a federal technology platform, which had a price tag of $5.5 million as of this year, with estimates of reaching $10.9 million by 2019 and $14 million by 2020.

The organization will look at vendors…

Source: The Business Journal