A bipartisan group of senators in Santa Fe has introduced a bill aiming to establish a $300 million health care trust fund in New Mexico. This fund could help address the growing Medicaid budget in the state. Additional funding for this initiative could also come from stalled state capital outlay projects.
This proposal is part of a rising trend of trust fund proposals in the Roundhouse. The bill filed by the senators seeks to address the increasing strain on the state’s health care expenses, particularly in relation to Medicaid. The bipartisan approach highlights the urgency of the situation and the need for creative solutions.
If approved, this new trust fund could have a significant impact on New Mexico’s health care system, providing much-needed support for Medicaid recipients. It remains to be seen how this proposal will progress in the legislative process, but it has already sparked discussions and generated interest among lawmakers.
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