New Mexico law lowering state employee health care costs signed by Governor, goes into effect July 1

SANTA FE New Mexico state employees will soon see lower health insurance premiums after Gov. Michelle Lujan Grisham signed Senate Bill 376 into law.

The new law, which takes effect July 1, significantly reduces what employees pay for health care while closing the State Health Benefits program’s long-standing budget gap.

“This is a major win for our state workforce,” said Kari Armijo, secretary of the New Mexico Health Care Authority. “With this new law, we’re lowering health coverage costs for thousands of state workers and protecting the sustainability of the program for years to come.”…

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