New Mexico hires team to study universal health insurance

New Mexico

SANTA FE, N.M. (AP) — The Legislature has hired team of consultants as it looks for ways to provide universal health care access under new financial models.

The Legislative Finance Committee confirmed Monday that it has awarded a roughly $390,000 contract for studying the issue to Maryland-based KNG Health Consulting, IHS Markit of London and Albuquerque-based researcher Lee Reynis.

The fiscal study was spurred by repeatedly stalled proposals from state legislators to provide near-universal health care coverage.

The Health Security for New Mexicans Campaign is calling for a system that shifts private insurance to a supplemental role in a way that resembles Medicare.

New Mexico cut the uninsured rate in half since expanding Medicaid in 2014 to more people on the cusp of poverty.

A public meeting on the analysis takes place Wednesday in Albuquerque.

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