OPINION: Medical malpractice success a win, but more needed
The passage of medical malpractice reform is the most important public policy success in
In addition to the medical malpractice bill, the Legislature entered
Rather than being lulled into believing that the problem has been solved, New Mexicans need to focus on additional ways to make our state more attractive for doctors. The good news is that many needed policy changes, if enacted, would make
In fact, the Legislative Finance Committee in its pre-session survey of medical providers and why so many of them are considering leaving, found that behind medical malpractice and punitive damages, the next biggest issues facing doctors were issues around "quality of life" and "compensation."
While the victory on medical malpractice this session was challenging enough, solving issues around quality of life and compensation could be even more of a challenge, especially for
The gross receipts tax remains a big, unnecessary problem for the medical field. In 2026 Senate Bill 133 was introduced. It proposed to deduct receipts from selling in-office, nondiagnostic equipment to health care practitioners. Another bill, House Bill 338, would have extended
Both these concepts should be adopted and soon. Better yet, the gross receipts tax needs to be thoroughly reformed to remove business inputs from taxation. Such a move would benefit all areas of the economy including the health care sector. And, considering how much was spent in growing government this session, the state clearly has plenty of money available despite lower oil prices.
Quality of life issues are even more difficult. While
In fact, there are clear and obvious reforms that would unleash
Positive change in


Looking for a Financial Advisor for Russian-Speaking Americans
Health insurance, inflation and federal funding cuts driving school budget increases
Advisor News
- Dutch gambling tax hike falls short as prediction markets eye World Cup
- Caregiving: A challenge that costs employers billions
- Could your practice benefit from an advisory board?
- SEC nears settlement with accused scammer Tai Lopez
- The 3 things that shrink your Social Security income
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
More Annuity NewsHealth/Employee Benefits News
- State budget helps 200,000 afford insurance
- State Health Plan brings back Blue Cross NC
- Here's how Connecticut's candidates for governor differ on healthcare plans as costs rise
- Colorado hospitals poised to receive $455 million Medicaid funding boost
- Nevada sees drop in health insurance marketplace enrollment as subsidies lapse
More Health/Employee Benefits NewsLife Insurance News
- THINGS YOUR CLIENTS SHOULD KNOW BEFORE SELLING A LIFE INSURANCE POLICY
- Could your practice benefit from an advisory board?
- AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
More Life Insurance News