New Mexico Warns Against Unlicensed Insurers

March 15, 2010

The New Mexico Public Regulation Commission’s (Commission) Insurance Division has issued a warning to 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.

People are being 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 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. “As of today, there are only a couple of consumers in New Mexico who’ve fallen prey to this scam and we will be vigilant in our efforts to make sure that the negative impact is minimized,” he said.

Anyone with information regarding the aforementioned companies – including those who’ve been contacted directly – is asked to contact John Gaherty at the NMPRC’s Insurance Division at 505.827.4439.

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