Bill > HM9

This Memorial requests the New Mexico Legislative Council to direct the Legislative Health and Human Services Committee to investigate the potential benefits and costs of allowing New Mexico residents who are not currently eligible for Medicaid to purchase health insurance through a Medicaid buy-in plan. The goal is to increase access to affordable healthcare coverage, as many New Mexicans remain uninsured due to high costs and inadequate employer-provided insurance. The committee will gather public input, compare the costs of private insurance with Medicaid managed care plans, assess administrative feasibility, and determine the impact on various stakeholders, including patients and healthcare providers. Additionally, state agencies like the Office of Superintendent of Insurance and the Human Services Department, along with the New Mexico Health Insurance Exchange and health insurers, are asked to provide relevant cost and coverage information to aid in this exploration.