ABOUT THE DEPARTMENT
We ensure that New Mexicans attain their highest level of health by providing whole-person, cost-effective, accessible, and high-quality health care and safety-net services.
Health Care Coverage Innovations
During the 2021 Legislative Session, the New Mexico Legislature passed and Governor Michelle Lujan Grisham signed Senate Bill 317, which placed a moratorium on out-of-pocket costs for mental health services for state-regulated plans and created a Health Care Affordability Fund to lower health care costs for New Mexicans. The law allows the Fund to be used to:
- Reduce premiums and out-of-pocket health care costs for New Mexicans who qualify for coverage on BeWell, the state’s Health Insurance Marketplace;
- Reduce premiums for small businesses and their employees;
- Provide resources for planning, design and implementation of health care coverage initiatives for uninsured New Mexico residents; and
- Provide resources for administration of state health care coverage initiatives for uninsured New Mexico residents.
Since July 1, 2024 the Health Care Affordability Fund (HCAF) has been administered by the Health Care Authority.
Learn about HCCI Health Care Affordability Fund.
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**NOTICE OF PROPOSED RULE**
Rule 8.401.2 NMAC Health Care Authority- Health Care Affordability Fund
Notice Date: March 10, 2026
Hearing Date and Time: April 16, 2026, 10 a.m.
Location of Hearing: 3900 Masthead Street NE, Suite 310, Albuquerque, NM 87109
- Meeting ID: 884 1831 6497 / Passcode: 168145
Phone number to call in:
- (253) 215-8782 / Conference ID: 168145# OR
- (346) 248-7799 / Conference ID: 168145#
Proposed Effective Date: May 6, 2026
Click to read Notice of Proposed Rule Making
Click to read Rule 8.401.2 NMAC Health Care Authority- HealthCare Affordability Fund
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*Posted 03/10/2026
Updates
**NEW March 2026** PY25 Small Business Notice of Guidance_FINAL
**NEW March 2026** PY25 Small Business Reconciliation Training Presentation Slides
**NEW March 2026** PY25 Small Business Annual Reconciliation Reporting Template (Excel download)
**NEW March 2026** PY25 Small Business Annual Reconciliation EXAMPLES (Excel download)
**NEW VIDEO** For Issuers: Small Business Initiative Reconciliation Training – March 2026
Your premiums will go up if Congress does not extend your premium tax credits.
Click to find out how much:

