Bill

Bill > HB317


NM HB317

Aging Network Provider Reimbursements


summary

Introduced
02/07/2025
In Committee
Crossed Over
Passed
Dead
03/22/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE AGING AND LONG-TERM SERVICES DEPARTMENT TO INCREASE PROVIDER REIMBURSEMENTS IN THE AGING NETWORK.

AI Summary

This bill appropriates $2.5 million from the state's general fund to the Aging and Long-Term Services Department specifically to increase reimbursement rates for providers in the aging network, which typically includes organizations and service providers that support elderly individuals such as home care agencies, meal delivery services, senior centers, and other support programs. The funding is designated for fiscal year 2026 and future fiscal years, with a notable provision that any unused funds at the end of a fiscal year will not be returned to the general fund, but instead can be carried over and remain available for the department's use. This appropriation aims to support the financial sustainability of organizations that provide critical services to older adults by ensuring they receive more adequate compensation for their work.

Committee Categories

Health and Social Services

Sponsors (2)

Last Action

House Health & Human Services Committee (08:00:00 2/17/2025 Room 307) (on 02/17/2025)

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