Quantitative Evaluation of a Targeted Medicaid Buy-In for New Mexico

New Mexico, similar to a number of other states, is exploring a Medicaid buy-in product as part of a broader strategy to expand coverage and affordability of health insurance for residents. Medicaid buy-ins allow people above current Medicaid eligibility levels to pay a premium to receive healthcare coverage through a plan that leverages aspects of the state’s existing Medicaid program.

The New Mexico state legislature passed a directive to study the implications of offering a state-sponsored Medicaid buy-in to state residents. In accordance with this directive, Manatt Health—together with Health Action New Mexico, New Mexico Center on Law and Poverty, Partnership for Community Action, and Strong Families New Mexico—has published a two-part series of reports. For the first report, published in December 2018, Manatt conducted a qualitative assessment of several Medicaid buy-in options for New Mexico and crafted four potential buy-in options.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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