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Story perspectives

New Mexico Plans $100M Fund for Affordable Healthcare

1/3/2026

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Story summary
  • Javier Martínez (D), Speaker of the New Mexico House, announced plans to enhance Affordable Care Act via an 'Affordability Fund'.
  • Martínez said subsidies are needed to make healthcare affordable and backed a single-payer system.
  • Martínez described a state surtax on private insurance premiums, generating over $100 million for subsidies.
  • Martínez criticized Congress for inaction and pledged New Mexico would cover federal subsidies to ensure residents including immigrants have affordable healthcare.