This bill proposes an appropriation of three million dollars ($3,000,000) from the general fund to the Health Care Authority specifically aimed at increasing Medicaid reimbursement rates for independent rural health care providers in New Mexico. The funding is designated for expenditure during the fiscal year 2026.
Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of fiscal year 2026 will revert back to the general fund, ensuring that unused funds do not remain allocated indefinitely. This measure aims to support rural health care providers, enhancing their financial sustainability and ability to serve their communities effectively.