Reference Source

New Mexico

For New Mexico, marketplace type is State-based marketplace; marketplace name is BeWell, New Mexico's Health Insurance Marketplace; marketplace website is https://bewellnm.com/; medicaid expansion adopted is yes; where premium tax credit eligibility starts is 138% of the federal poverty line, recorded from its source on 2026-08-14.

State
New Mexico verified
Marketplace type
State-based marketplace
Marketplace name
BeWell, New Mexico's Health Insurance Marketplace
Marketplace website
https://bewellnm.com/ verified
Medicaid expansion adopted
yes
Where premium tax credit eligibility starts
138% of the federal poverty line our reading
Coverage gap below the poverty line
no our reading
State premium assistance programme
New Mexico Premium Assistance verified
Income range for state assistance
all income levels, including above 400% of the federal poverty level
State assistance above 400% of the poverty line
yes
What the state programme pays
backfills the full loss of the enhanced federal credit, meaning no disruptions in coverage or cliffs for financial assistance
State cost-sharing programme
State Out-of-Pocket Assistance (SOPA)
Basic Health Program
none
State individual mandate
no verified
Sourcebewellnm.com
Verified
Review by
DatasetState health insurance marketplace assistance by state: who runs it, where subsidies start and stop, and what the state adds

Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.

What the source says

meaning no disruptions in coverage or “cliffs” for financial assistance. The state budget also commits funding for lawfully present noncitizens who will lose Medicaid this fall as a result of their citizenship status. BeWell and the Health Care Authority will share more details about this assistance soon. House Bill 4, sponsored by Representative Reena Szczepanski, will phase in higher amounts of revenue from the Health Insurance Premium Surtax to the Health Care Affordability Fund by 2029. This means there will be resources in the fund to continue state subsidies and keep marketplace coverage affordable for years to come! October 2025 changes During an October special legislative session called by Governor Michelle Lujan Grisham, New Mexico lawmakers passed the following legislation for a 6-month temporary fix. The 2026 legislative session begins in January and we expect lawmakers will be discussing subsidies and possible extensions. If you are getting federal subsidies now, and they are set to expire in 2025, you will have your savings covered by the State of New Mexico. <https://bewellnm.com/appointment> Connect with a certified assister who can answer your questions for free. Allows New Mexicans with incomes over <https://bewellnm.com/answers/fpl-chart/> 400% of the federal poverty level (FPL) to receive New Mexico Premium Assistance to backfill the loss of enhanced premium tax credits (EPTC) if the federal credits expire at the end of the year.

bewellnm.com, retrieved 2026-08-14

Source

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