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AN ACT
RELATING TO HEALTH; CREATING A BIRTHING WORKFORCE RETENTION
FUND FOR ASSISTANCE WITH MALPRACTICE PREMIUMS FOR CERTIFIED
NURSE-MIDWIVES AND PHYSICIANS WHO PROVIDE BIRTHING SERVICES TO
LOW-INCOME NEW MEXICANS; MAKING AN APPROPRIATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
Section 1. BIRTHING WORKFORCE RETENTION FUND CREATED.--
A. The "birthing workforce retention fund" is
created in the state treasury. The purpose of the fund is to
provide malpractice insurance premium assistance for certified
nurse-midwives or physicians whose insurance premium costs
jeopardize their ability to continue their obstetrics
practices in New Mexico. The fund shall consist of
appropriations, gifts, grants and donations to the fund. The
fund shall be administered by the department of health, and
money in the fund is appropriated to the department of health
for the purpose of making awards pursuant to the provisions of
this section.
B. The department of health shall develop
procedures and rules for the application for and award of
money from the birthing workforce retention fund, including
criteria upon which to evaluate the need of the applicant and
the merits of the application. The rules shall require that
the applicant be a certified nurse-midwife licensed in New
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Mexico or a physician licensed in New Mexico and that the
applicant demonstrate need by showing that medicaid patients
or indigent patients constitute at least one-half of the
obstetric practice of the applicant and that malpractice
insurance premiums have increased every year for two years.
The certified nurse-midwife or physician shall have a
malpractice liability insurance policy in force. Subject to
availability of funds, an award shall not be less than five
thousand dollars ($5,000) and not more than ten thousand
dollars ($10,000) and shall be disbursed based on the
percentage of medicaid patients or indigent patients seen in
the practice. Priority for the awarding of money from the
birthing workforce retention fund shall be in the following
order:
(1) to certified nurse-midwives; and
(2) to family practice physicians and
obstetricians.
C. The department of health shall annually report
to the legislative finance committee on the status of the
birthing workforce retention fund.
D. Disbursements from the birthing workforce
retention fund shall be made by warrant of the department of
finance and administration pursuant to vouchers signed by the
secretary of health or the secretary's authorized
representative. Any unexpended or unencumbered balance
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remaining in the fund at the end of a fiscal year shall not
revert but shall remain to the credit of the fund.
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