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NM hires company to move health exchange to private platform

ALBUQUERQUE, N.M. — The state has chosen a Virginia company for a $27.5 million project that will transition beWellnm, New Mexico’s health insurance exchange, from a federal technology platform to one operated locally.

HCentive, based in Reston, Va., will receive $13.4 million for designing, developing and implementing the new platform. New Mexico will pay an additional $14.1 million for three years of maintenance and operation.

BeWellnm expects to launch the marketplace at the end of 2021.

In a news release, beWellnm Chairman David Shaw said the move to a state-based marketplace will enable the organization “to collect data that’s necessary to better care for our patients and make sure that we are providing the right services that they need.”

Interim CEO Jeffery Bustamante said the transition will also allow the state to lengthen the enrollment period, improve the customer interface experience and provide more agent and broker support.