Susana Martinez
Governor

Steven K. Moise
State Investment Officer

41 Plaza la Prensa
Santa Fe, NM 87507
(505) 476-9500
fax:(505) 424-2510
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New Mexico Retiree Health Care Authority 

The New Mexico Retiree Health Care Authority (NMRHCA) was formed on February 13, 1990 as an independent statutory agency of the State. The NMRHCA provides comprehensive core group health insurance for persons who have retired from certain types of public service in New Mexico, and their spouses, dependents, and surviving spouses and dependents. These benefits are purchased with contributions, investment earnings and by co-payments or out-of-pocket payments by insured members. 

Originally, all public school districts, the State and all of its agencies, and all cities and counties in New Mexico were mandated to participate in the NMRHCA, but cities and counties were given a one-time opportunity to opt out of the Program, and universities were given a one-time opportunity to opt into the Program. Other local public entities such as special districts, joint powers, and agencies and councils of government were also given a one-time opportunity to opt into the Program. In 1993 and 1998, legislation was enacted which allows non-participating employers to participate in the Program, provided they contribute the appropriate fees. The NMRHCA has been a client of the SIO since June 1992. Investments represent long-term reserve funds for the NMRHCA beneficiaries.  


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