New Mexico 2025 Regular Session

New Mexico Senate Bill SM12 Compare Versions

Only one version of the bill is available at this time.

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28	28	SENATE MEMORIAL 12
29	29	57
30	30	TH LEGISLATURE
31	31	- STATE OF NEW MEXICO -
32	32	FIRST SESSION
33	33	, 2025
34	34	INTRODUCED BY
35	35	Martin Hickey
36	36	A MEMORIAL
37	37	REQUESTING THE LEGISLATIVE FINANCE COMMITTEE TO PERFORM A STUDY
38	38	TO IDENTIFY OPTIONS TO INCREASE PAY FOR PROVIDERS OF MEDICAL
39	39	SPECIALTIES TO ENSURE NEW MEXICO IS REGIONALLY COMPETITIVE IN
40	40	RECRUITING AND RETAINING THOSE PROVIDERS.
41	41	WHEREAS, in recent years, medical specialty provider
42	42	groups have been unable to recruit and hire new physicians; and
43	43	WHEREAS, it has been reported that New Mexico is the state
44	44	with the greatest average age of physicians; and
45	45	WHEREAS, nearly one-half of New Mexico residents are
46	46	enrolled in medicaid, which only pays medical specialists one
47	47	hundred percent of the rate for services that would be covered
48	48	by medicare for evaluation and management medical services
49	49	codes and just sixty to seventy percent of the rate for
50	50	services that would be covered by medicare for procedural
51	51	.231000.1 underscored material = new
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78	78	medical services codes; and
79	79	WHEREAS, the medicare program has consistently reduced
80	80	physician payments over the past five years; and
81	81	WHEREAS, eighteen percent of the population in New Mexico
82	82	is covered by medicare, which is three percent higher than the
83	83	national average; and
84	84	WHEREAS, just twenty-five percent of medical billing in
85	85	New Mexico is covered by the commercial market, compared to
86	86	other states' commercial market medical billing rates of fifty
87	87	to seventy percent, which means New Mexico does not have an
88	88	effective cost-shifting mechanism from higher commercial market
89	89	rates to balance the amount of government rate billing; and
90	90	WHEREAS, New Mexico residents are currently experiencing
91	91	delays of six to eighteen months to see a specialist medical
92	92	provider, which results in residents experiencing needless
93	93	suffering and severely unattended chronic disease
94	94	exacerbations;
95	95	NOW, THEREFORE, BE IT RESOLVED BY THE SENATE OF THE STATE
96	96	OF NEW MEXICO that the legislative finance committee be
97	97	requested to perform a study to identify options to increase
98	98	pay for providers of medical specialties to ensure New Mexico
99	99	is regionally competitive in recruiting and retaining those
100	100	providers; and
101	101	BE IT FURTHER RESOLVED that the legislature be encouraged
102	102	to provide funding to the legislative finance committee in the
103	103	.231000.1
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131	131	amount of two hundred thousand dollars ($200,000) to provide
132	132	for a contractor to complete the study; and
133	133	BE IT FURTHER RESOLVED that copies of this memorial be
134	134	transmitted to the president pro tempore of the senate, the
135	135	speaker of the house of representatives and the director of the
136	136	legislative finance committee.
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