New Mexico Governor Michelle Lujan Grisham on Tuesday announced an expansion of the state’s loan repayment program for health professionals as the latest in a series of efforts to address the state’s doctor shortage.
The expansion increases the allowable debt relief for physicians from $25,000 over a three-year service period to $75,000 over a four-year service commitment — for a total up to $300,000. The expansion comes via House Bill 66, passed by the Legislature earlier this year.
“Every New Mexican deserves access to the care they need, and today, we’re putting $300,000 on the table for physicians who want to serve communities that need them most,” Lujan Grisham said in a statement. “We’re committed to cutting wait…