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Eliminate Medical Debt in New Mexico

State of New Mexico (pop. ~2.1M)Priority: 0.0SMART: 0.0

Problem Statement

New Mexico has among the highest medical debt rates in the US.

Baseline

22% of adults have medical debt in collections (CFPB 2024)

Source — 2/5/2025

Target

Reduce medical debt in collections to below 10%

Deadline: 2029-12-31

Interventions

  • Buy and forgive medical debt
  • Fund charity care programs
  • Medicaid expansion outreach
  • Billing transparency advocacy

Risks & Externalities

May not address root causes; hospital resistance to transparency.

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