Behavioral and mental health providers in New Mexico
PlanOptica tracks 3 health and welfare plans sponsored by 3 behavioral and mental health providers in New Mexico, covering 451 participants and $729K in reported insurance premiums (plan year 2024 to 2025 filings). The median plan has 140 participants, and the most common size is under 100 participants (33% of plans). Most of these plans are self-funded or mixed (67%), so stop-loss and TPA relationships matter as much as the medical carrier.
Pan American Life Insurance Company leads by premium with a 43% share, followed by United of Omaha Life Insurance Company at 36%. Hub International Ins Services Inc is the broker of record on 1 plan, more than any other firm, ahead of Gallagher Benefit Services, Inc (1). 67% of plans report broker compensation on Schedule A; the median brokered plan pays $22K a year, about 9.9% of premium. Albuquerque, Sante Fe and Clovis have the most plans.
Funding mix
- Mixed2 · 67%
- Fully insured1 · 33%
Plan size (participants)
- Under 1001 · 33%
- 100 to 2491 · 33%
- 250 to 4991 · 33%
- 500 to 9990 · 0%
- 1,000 or more0 · 0%
Median plan: 140 participants. Median broker comp: 9.9% of premium across 2 brokered plans.
Top carriers, behavioral health, New Mexico
- 1Pan American Life Insurance Company$314K1 plans · 43.1%
- 2United of Omaha Life Insurance Company$260K1 plans · 35.6%
- 3The Lincoln National Life Insurance Company$91K1 plans · 12.5%
- 4Metropolitan Life Insurance Company$26K1 plans · 3.6%
- 5Continental American Insurance Company$10K1 plans · 1.4%
- 6The Guardian Life Insurance Company of America$10K1 plans · 1.4%
- 7Presbyterian Health Services D.B.A the Solutions Group$10K1 plans · 1.3%
- 8Pre-Paid Legal Services Inc Dba Legal Shield$8K1 plans · 1.1%
Top brokers, behavioral health, New Mexico
- 1Hub International Ins Services Inc1 plans$35K comp · 50.0%
- 2Gallagher Benefit Services, Inc1 plans$6K comp · 50.0%
- 3Alliant Insurance Services, Inc1 plans$2K comp · 50.0%
- 4Elecia Bellmire1 plans$131 comp · 50.0%
- 5Veronica Yvonne Butler1 plans$92 comp · 50.0%
- 6Watchtower Benefits, LLC1 plans$77 comp · 50.0%
- 7Mesirow Insurance Services, Inc1 plans$70 comp · 50.0%
- 8Stacy Wipff1 plans$38 comp · 50.0%
- 9Aspen R, LLC1 plans$25 comp · 50.0%
- 10Henry Rivera Jr. and Other Agents1 plans$13 comp · 50.0%
Largest behavioral and mental health providers in New Mexico
| Employer / plan | City | Funding | Participants | Premium | Primary carrier |
|---|---|---|---|---|---|
| New Mexico Orthopaedics, P.C New Mexico Orthopaedics, P.CAll plans | Albuquerque | Mixed | 265 | $303K | United of Omaha Life Insurance Company |
| LA Familia Medical Center LA Familia Medical PlanAll plans | Sante Fe | Mixed | 140 | $111K | The Lincoln National Life Insurance Company |
| Mental Health Resources, Inc Mental Health Resources, IncAll plans | Clovis | Fully insured | 46 | $314K | Pan-American Life Insurance Company |
Plans by city in New Mexico
Frequently asked questions
How many behavioral and mental health providers in New Mexico offer an ERISA health plan?
3 health and welfare plans from 3 behavioral and mental health providers in New Mexico appear in plan year 2024 to 2025 filings on Form 5500, covering 451 participants. Plans with fewer than 100 participants that are fully insured do not have to file, so small practices are under-counted.
Which insurance carriers cover the most behavioral and mental health providers in New Mexico?
By Schedule A premium: Pan American Life Insurance Company (43% of premium, 1 plan), United of Omaha Life Insurance Company (36% of premium, 1 plan) and The Lincoln National Life Insurance Company (13% of premium, 1 plan).
Which benefits brokers work with behavioral and mental health providers in New Mexico?
By number of client plans: Hub International Ins Services Inc (1 plan), Gallagher Benefit Services, Inc (1 plan) and Alliant Insurance Services, Inc (1 plan). 67% of plans report a broker.
How much do brokers earn on behavioral and mental health providers health plans in New Mexico?
The median brokered plan reports $22K a year in broker commissions and fees, or 9.9% of premium. Figures come from Schedule A, Part I.
Are behavioral and mental health providers health plans in New Mexico self-funded or fully insured?
Mixed 67% and fully insured 33%. Self-funded and mixed plans together make up 67%.
Where does this data come from?
U.S. Department of Labor Form 5500 filings and their Schedule A insurance attachments, latest filing per plan. Psychiatrists (NAICS 621112), mental health practitioners (621330), outpatient mental health and substance abuse centers (621420), plus healthcare employers whose name says behavioral health, mental health or psychiatry.
Prospect behavioral and mental health providers in New Mexico
Open the welfare search with New Mexico and this sector prefilled. Narrow by participants, funding type, carrier, broker and broker compensation, then save the view or export it.
Behavioral health in nearby states
Other healthcare specialties in New Mexico
Source: U.S. Department of Labor Form 5500 and Schedule A, latest filing per plan (plan years 2024-2025). Psychiatrists (NAICS 621112), mental health practitioners (621330), outpatient mental health and substance abuse centers (621420), plus healthcare employers whose name says behavioral health, mental health or psychiatry. Location is the sponsor's filing address in New Mexico.