Medicaid spending burden drops in New Mexico
SANTA FE, N.M. (AP) – New Mexico officials say Medicaid health care for the poor and disabled will be less costly than previously expected this fiscal year and next year, easing financial pressures amid a state budget crisis.
New Mexico Human Services Secretary Brent Earnest told lawmakers Friday that state cost overruns no longer are expected during the current fiscal year. He said state general fund spending on Medicaid is expected to increase by $42 million next year to $956 million &nd
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