This bill is a memorial requesting the Legislative Finance Committee to conduct a comprehensive study on expanding health insurance access for all public higher education educators and graduate student employees in New Mexico. The bill highlights the reliance of public higher education institutions on various education workers, including full-time faculty, temporary part-time faculty, and graduate student employees, and emphasizes the importance of stable access to affordable health insurance for their well-being and job retention. It notes the disparities in health insurance availability and affordability across institutions, particularly pointing out that the University of New Mexico is the only institution providing employer-funded medical insurance for graduate student employees, with no coverage for dental or vision.

The study mandated by the bill will evaluate health insurance availability and affordability across different appointment types, identify gaps in eligibility and coverage, and provide recommendations on options for employer-supported medical, dental, and vision coverage. It will also assess the fiscal impacts of various coverage scenarios, potential funding sources, and the expected effects on the quality of life and financial stability of affected workers. The report is required to be completed by October 1, 2026, and shared with relevant stakeholders, including the governor and various legislative committees.