MEDICAID ENTITLEMENT FOR 40 - FY 2026 - T19
$4,618,779,889
AI Summary
This $4.6 billion grant provides the second installment of federal Medicaid funding to New Mexico for fiscal year 2026. New Mexico has one of the highest Medicaid enrollment rates relative to population in the country.
Key Points
- 01Second FY 2026 Medicaid allocation for New Mexico at $4.6 billion
- 02Covers October 2025 through September 2026
- 03Administered by New Mexico Department of Human Services
- 04New Mexico has high Medicaid enrollment relative to population
- 05Higher federal matching rate reflects lower state per-capita income
Award Details
Official Source
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Quick Summary
- Amount
- $4.6B
- Agency
- Department of Health and Human Services
- Recipient
- DEPARTMENT OF HUMAN SERVICES NEW MEXICO
- Type
- Grant
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