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New Mexico Passes Bill to Curb Health Insurance Costs

10/4/2025

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Summary

Story summary

New Mexico's Legislature passed House Bill 2 to address rising health insurance costs from expiring Affordable Care Act (ACA) credits.
The measure takes effect once Gov. Michelle Lujan Grisham signs it, with bipartisan support.
Without subsidies, premiums could rise 35.7%; BeWell serves 75,000, with 6,500 on federal assistance, and the state will allocate $17 million to cover lost credits.

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Story summary

New Mexico's Legislature passed House Bill 2 to address rising health insurance costs from expiring Affordable Care Act (ACA) credits.
The measure takes effect once Gov. Michelle Lujan Grisham signs it, with bipartisan support.
Without subsidies, premiums could rise 35.7%; BeWell serves 75,000, with 6,500 on federal assistance, and the state will allocate $17 million to cover lost credits.