Truth or Consequences, New Mexico – Governor Michelle Lujan Grisham recently signed legislation aimed at improving healthcare affordability and accessibility for residents of New Mexico. The governor emphasized the importance of tailored healthcare approaches, especially for rural communities, Medicaid beneficiaries, and public employees in the state.
During a ceremony at Sierra Vista Hospital in Truth or Consequences, Governor Lujan Grisham signed several healthcare bills that are expected to positively impact a wide range of New Mexicans. Frank Cochran, the CEO of Sierra Vista Hospital, highlighted how the legislation would not only assist residents but also enhance the hospital’s operations and services.
One of the key bills signed, House Bill 7 – Healthcare Affordability Fund, focuses on reducing insurance costs for small businesses, employees, and low to moderate-income individuals through the state’s health insurance exchange program, beWellnm. The bill, sponsored by various representatives and senators, aims to provide financial relief and ongoing support for affordable health insurance in New Mexico.
Another critical piece of legislation, Senate Bill 14 – Health Care Authority, establishes a unified department responsible for health care purchasing, oversight, and policy in the state. This initiative aims to improve coordination in healthcare purchasing for public employees, enhancing plan design and affordability. Senator Elizabeth Stefanics highlighted the importance of this measure in enhancing healthcare access and affordability across New Mexico.
Senate Bill 17, known as the Health Care Delivery and Access Act, is designed to support healthcare access in rural areas by creating a Medicaid Directed Payment Program. With the aim of generating federal funds for hospitals in the state, this legislation is crucial for ensuring the financial stability and continued operation of rural hospitals. Senator Stefanics emphasized the significance of this legislation in providing better healthcare in New Mexico, particularly in rural communities.
Additionally, Senate Bill 161 – Acute Care Facilities Subsidies, creates a temporary financial assistance grant program for independent rural hospitals until long-term support is enacted. This measure aims to prevent closures and service reductions in rural hospitals and ensure the well-being of local residents.
The governor also signed several other healthcare bills, including those focusing on prescription drug price transparency, pharmacy provider reimbursement, and step therapy guidelines. These comprehensive measures collectively work towards improving healthcare access, affordability, and quality for all residents of New Mexico.