Hospitals report falling costs due to more consumers having health insurance coverage New Mexico hospitals are reporting seeing lower costs in providing consumers medical care, even if they do not have health insurance coverage. According to a report from the Legislative Finance Committee, this is due to the expansion of the state’s Medicaid program through the Affordable Care Act. This has allowed more people to receive the medical care they need at relatively lower costs. This has had a positive financial impact for hospitals, as they are spending less money…
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New Mexico Medicaid to be expanded
New Mexico Medicaid system will be expanded to accommodate more people Last week, New Mexico Governor Susana Martinez announced the state’s commitment to expanding its Medicaid program in a move to better align the state with the Affordable Care Act. Per the federal law, states have the option to expand their Medicaid programs in order to make them more accessible to a wider range of people. New Mexico is keen to address some of the issues concerning the lack of health insurance coverage among low-income individuals and families by ensuring…
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