Current:Home > FinanceAmbulance services for some in New Mexico will rise after state regulators approve rate increase -Elite Financial Minds
Ambulance services for some in New Mexico will rise after state regulators approve rate increase
View
Date:2025-04-13 09:48:20
SANTA FE, N.M. (AP) — Ambulance rates will rise for some in New Mexico, particularly those without health insurance after state regulators approved a rate hike for a Presbyterian-affiliated nonprofit ambulance company.
The Santa Fe New Mexican reported that Albuquerque Ambulance Service cited rising labor costs and inflation when it applied for the rate increase that resulted in 65% in service rate increases and 15% in mileage rate increases. It had initially applied for much higher increases.
The rate hike was approved Thursday.
Patients on Medicaid or Medicare, which make up about 77% of the patients that use Albuquerque Ambulance Service, will not see a rate increase, along with those on veterans health benefits, according to the New Mexican.
The patients most affected are those without health insurance, which makes up approximately 7% of the company’s patients, according to the New Mexican.
Health care spending in the United States has more than doubled in the past two decades, reaching $4.5 trillion in 2022, according to the Centers for Medicare & Medicaid Services.
Albuquerque Ambulance Service operates nearly 100,000 transports annually in the counties with Albuquerque and Santa Fe, along with Sandoval and Rio Arriba counties, according to the New Mexican.
veryGood! (3)
Related
- Meta releases AI model to enhance Metaverse experience
- Decades after their service, Rosie the Riveters to be honored with Congressional Gold Medal
- Gov. Youngkin signs a measure backed by abortion-rights groups but vetoes others
- Following program cuts, new West Virginia University student union says fight is not over
- 2025 'Doomsday Clock': This is how close we are to self
- Grab a Gold Glass for All This Tea on the Love Is Blind Casting Process
- How Whitty Books takes an unconventional approach to bookselling in Tulsa, Oklahoma
- Seth Meyers, Mike Birbiglia talk 'Good One' terror, surviving joke bombs, courting villainy
- South Korean president's party divided over defiant martial law speech
- Cecil L. ‘Chip’ Murray, influential pastor and civil rights leader in Los Angeles, dies
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Are all 99 cent stores closing? A look at the Family Dollar, 99 Cents Only Stores closures
- Will the 2024 total solar eclipse hit near you? A detailed look at the path of totality.
- A 4.8 magnitude earthquake shook the East Coast. When was the last quake in New Jersey, NYC?
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- The Rock wins at WrestleMania 40 in first match since 2016: See what happened
- Final Four highlights, scores: UConn, Purdue will clash in men's title game
- Oregon recriminalizes drug possession. How many people are in jail for drug-related crimes?
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Bachelor Alum Hannah Ann Sluss Reveals the Most Important Details of Her Wedding to Jake Funk
Purdue's Lance Jones shows in Final Four why he is missing piece in team's run to title game
Gov. Youngkin signs a measure backed by abortion-rights groups but vetoes others
What to watch: O Jolie night
Powerball lottery drawing delayed
The total solar eclipse is Monday: Here's everything to know, including time, path, safety
Q&A: The Outsized Climate and Environmental Impacts of Ohio’s 2024 Senate Race