- Associated Press - Saturday, July 12, 2014

ALBUQUERQUE, N.M. (AP) - New Mexico’s health insurance exchange says it will decide later this month whether it will remain part of the federally operated marketplace or switch to being state-based.

The exchange’s board of directors opted at a special meeting Friday to delay making a decision.

Officials say they will decide at a board meeting July 25.

Board members on Friday did choose a new chief executive officer. Amy Dowd, who has been executive director of Idaho’s insurance exchange since last year, will replace interim CEO Mike Nunez.

The board is finalizing a contract with Dowd and it is uncertain when she will start.

New Mexico hopes to switch to the state-run exchange to enroll individuals this fall, but questions remain whether the state system will be ready.

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