In a recent meeting of the New Mexico Legislature, significant discussions centered around the ongoing financial challenges related to COVID-19 expenses. The state has been actively seeking federal funding to cover costs associated with testing, treatment, and vaccinations, but has faced hurdles in securing these funds.
Officials reported that they submitted six requests to FEMA totaling nearly $20 million to help offset COVID-related expenses. However, these requests were denied due to the state being classified as a self-insured public pool of insurance, which led to concerns about duplicating funding already received.
During the meeting, it was highlighted that New Mexico had received a special appropriation of $15 million during the fiscal year 2022 legislative session to cover vaccination costs and other medical expenses. This funding required a thorough audit to ensure proper allocation, as mandated for expenditures exceeding $750,000.
Despite efforts to secure additional appropriations for COVID expenses in fiscal year 2023, totaling over $12 million, these requests were not approved for fiscal year 2024. The state is now looking to address a remaining balance of approximately $35.5 million in COVID spending, but a special appropriation request for this amount was also denied.
The discussions underscore the ongoing financial strain on New Mexico as it navigates the complexities of funding and managing COVID-19 related healthcare costs. As the state continues to seek solutions, the implications of these funding challenges could impact public health initiatives moving forward.