Legislative committee questions cost of insurance exchange

SANTA FE (AP) – The New Mexico Legislative Finance Committee is criticizing the state health insurance exchange for high spending with limited benefit to the consumer.
The Santa Fe New Mexican reports that a report released Wednesday by the committee found the exchange has spent $78 million, much of which went to ineffective marketing and ineffective information technology.
According to the report, the exchange has so far spent $23 million on marketing and outreach of all types, including