Bill

Bill > HB350


NM HB350

Health Care Cost Driver Analysis


summary

Introduced
02/10/2025
In Committee
Crossed Over
Passed
Dead
03/22/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE LEGISLATIVE COUNCIL SERVICE TO CONTRACT FOR CONSULTING AND TECHNICAL ASSISTANCE TO AID THE LEGISLATIVE HEALTH AND HUMAN SERVICES COMMITTEE IN THE COMMITTEE'S CONTINUED WORK OF ANALYZING AND DEVELOPING SOLUTIONS TO ADDRESS KEY HEALTH CARE COST DRIVERS.

AI Summary

This bill appropriates one million dollars from the general fund to the Legislative Council Service, specifically to be used over fiscal years 2026 through 2028 for hiring consultants and technical experts to support the Legislative Health and Human Services Committee's ongoing efforts to analyze and develop strategies for addressing significant health care cost drivers. The funding is intended to help the committee conduct in-depth research and develop potential solutions to reduce healthcare expenses. At the end of fiscal year 2028, any remaining unspent or uncommitted funds from this appropriation will be returned to the general fund. The bill represents a targeted investment in understanding and potentially mitigating the complex financial challenges within the healthcare system, with the goal of making healthcare more affordable and sustainable.

Committee Categories

Health and Social Services

Sponsors (2)

Last Action

House Health & Human Services Committee (08:00:00 2/19/2025 Room 307) (on 02/19/2025)

bill text


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