SANTA FE – New Mexico state employees are on track to see lower health insurance premiums after the House approved Senate Bill 376, sending the legislation to Gov. Michelle Lujan Grisham for final approval.
“This bill will make a real difference for New Mexico’s state employees,” said Kari Armijo, secretary of the New Mexico Health Care Authority. “As we approach our first anniversary as the Health Care Authority, this legislation proves what’s possible when we tackle big challenges head-on. By reducing health insurance costs for workers and closing the program’s budget gap, we’re delivering real savings while ensuring long-term stability — this is exactly the kind of smart policy that strengthens our workforce and improves New Mexico’s health care system.”
Under SB 376, the state’s contribution to employee health insurance premiums will increase, significantly reducing the amount state employees pay. The legislation also eliminates the state health benefits program’s budget shortfall and saves millions of dollars in general funds in state fiscal year 2026…