New Mexico fully replaced the expired federal subsidies with state money, the only state to do so. Without the subsidies, an estimated 27k New Mexicans would have dropped their insurance. Instead, sign-ups have surged, with an additional 10k people now covered. https://www.nytimes.com/2026/03/20/health/obamacare-new-mexico-subsidies-states.html?smid=bs-share
How New Mexico Became an Obamacare Success Story

Affordable Care Act enrollment has dropped across the United States since the enhanced federal subsidies expired. But New Mexico has record numbers of people signing up.

The New York Times