The New Mexico Human Services Department provided a few more details on how the state will use the $1 million meant to help state officials research, plan, establish and operate a health care exchange.
The money will:
- Fund a financial modeling tool and report that will analyze several factors, including where current uninsured people will access health care coverage, how many will enroll in the Medicaid program and what that will cost the state, how many will enter the individual or group markets and how small businesses will be impacted.
- Provide follow-up research and analyses, as suggested by the direction and inquiries made by the Legislature and the Governor.
- Consider the various options available to the state, including participating in a regional exchange, which could include other states.
- Plan the coordination of eligibility and enrollment systems across Medicaid, the Children’s Health Insurance Program (CHIP) and the health care exchange itself.