New Mexico Medicaid Program Overview
Enrollment, funding, and managed care facts for New Mexico Medicaid.
Get New Mexico's Medicaid Fee Schedule →Enrollment
New Mexico Medicaid covered approximately 0.67-0.69M people. Two independent sources give close but not identical figures: KFF's state indicator reports 674,273 (May 2026), while healthinsurance.org (citing Medicaid.gov's 'October 2025 Medicaid & CHIP Enrollment Data Highlights') reports 687,427 (October 2025). Different reporting months, not a contradiction, so reported as a range.
Funding & federal match
New Mexico has adopted ACA Medicaid expansion, effective 2014-01-01.
For FFY2026 (Oct 1, 2025 - Sep 30, 2026), New Mexico's Federal Medical Assistance Percentage (FMAP) is 71.66%.
Delivery system & managed care
A large share of New Mexico Medicaid is delivered through managed care organizations (MCOs) rather than fee-for-service — estimates range from 81.7-82.8% of Medicaid enrollees.
Frequently Asked Questions
Get New Mexico's Free Medicaid Fee Schedule
Request actual New Mexico Medicaid reimbursement rates by billing code — free, delivered as a CSV.
Sources
- KFF State Health Facts - Total Monthly Medicaid & CHIP Enrollment
- healthinsurance.org - Medicaid eligibility and enrollment in New Mexico (citing Medicaid.gov Enrollment Data Highlights, October 2025)
- Federal Register - FY2026 FMAP Notice (89 FR 94742)
- MACPAC - MACStats Data Book 17, Exhibit 6: FMAPs and E-FMAPs by State, FYs 2023-2026
- KFF - Status of State Medicaid Expansion Decisions
- CMS - Medicaid Managed Care Enrollment and Program Characteristics, 2024
- MACPAC - MACStats Data Book, Exhibit 29: Percentage of Medicaid Enrollees in Managed Care by State, July 1, 2022
Data last verified 2026-09-17. Also see our free Medicaid Fee Schedule tool.