NM House approves fund to keep paying for expired federal health care tax credits

The bill increase distributions to a fund that is a "lifeline" as the state seeks to offset federal Medicaid cuts and expiring tax credits.

By: Patrick Lohmann

Outlets: Source New Mexico

Published: February 13, 2026

Words: 408

Last Updated: 2 weeks, 6 days ago

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The New Mexico House of Representatives on Thursday quickly passed a bill that ensures the state will continue to have funding available to offset cuts to federal health care programs.

House Bill 4 increases distributions into the state’s Healthcare Affordability Fund, which is generated through surcharges the state imposes on health insurance companies. House Democrats said the fund is necessary in order for the state to pay for expired health insurance premium tax …

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