PRC Warns Consumers On Insurance

Mountain Mail Reports

SANTA FE – The New Mexico Public Regulation Commission’s Insurance Division on Wednesday, Mar. 10 issued a consumer alert warning New Mexicans about companies that are offering health insurance products without proper authorization.
The alert names nine companies – Real Benefits Association; Real Benefits Association Employee Welfare Plan Trust; American Trade Association, Inc.; Serve America; Serve America Assurance LTD; Beema Insurance Group; Perfect Health of NY; Smart Data Solutions LLC and Health Allies, Inc. – that are neither licensed nor have the authority to sell health insurance or limited medical plans within the state.
In an effort to protect consumers, the Insurance Division urges New Mexicans to purchase health insurance coverage from those companies licensed in New Mexico. Consumers are also discouraged from responding to unsolicited solicitations and from responding to offers for health insurance-related products over the Internet until they are certain that the company making the offer is licensed. Consumers can consult the Commission’s web site at www.nmprc.state.nm.us to determine which companies are licensed within the state.
New Mexico Insurance Superintendent Morris “Mo” Chavez said it appears that only a few New Mexicans have been affected.

PRC Warns Consumers On Insurance