MEDICAID WAIVER REIMBURSEMENT RATE INCREASES

HB 42 allocates $6.3 million from the general fund to New Mexico's Health Care Authority for fiscal year 2026, specifically to fund rate increases for service providers receiving Medicaid waiver program reimbursements. This directly affects healthcare providers (like home care agencies and community support services) enrolled in New Mexico's Medicaid waiver programs. The bill provides a one-time funding source for these rate hikes, with unspent funds reverting to the general fund by the end of 2026. The measure is currently pending, having been postponed indefinitely on June 3, 2025.