Higher health insurance surtax among New Mexico's new laws | KOB 4

Higher health insurance surtax among New Mexico's new laws

Morgan Lee
Created: December 31, 2021 09:44 AM

SANTA FE, N.M. (AP) — With the arrival of the new year, new laws are taking effect in New Mexico that aim to bolster access to health insurance and to eliminate many court-imposed fines against juveniles that are viewed as counterproductive.

A bill signed by Democrat Gov. Michelle Lujan Grisham adds a 2.75% surtax on health insurance premiums.

Insurance Superintendent Russell Toal says the surtax will provide a crucial subsidy when Medicaid coverage under special federal pandemic provisions expires for an estimated 85,000 residents.

New Mexico also is eliminating many financial fees and sanctions in the juvenile justice system, including fines for possession of marijuana by a minor.


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