In 2024, payments through Medicaid for services in the Vision Services category reached $5,518,476 across New Mexico, according to data from the U.S. Department of Health and Human Services Medicaid Provider Spending database. This reflects a 42.5% rise compared with 2023, when providers billed $3,872,865 for similar services.
Medicaid, a public health insurance initiative administered by individual states and funded by both federal and state governments, covers low-income people and families, seniors, children, and those with disabilities. It remains one of the largest components of the U.S. health care system.
Because Medicaid is supported by taxpayers, shifts in local Medicaid billing illustrate how public health care spending is distributed within a community.
The “Vision Services” category includes a set of Medicaid-billed services grouped according to type of care, which are organized by standardized HCPCS and CPT coding. For this review, each code was matched to a single service category using set prefixes and numeric ranges, grouping related services and maintaining accuracy in rankings while preventing double counting.
Certain categories may cover more than one kind of service. In such cases, the category spans different but related forms of care that are typically billed together under Medicaid, such as office consults, diagnostic procedures, and therapeutics.
During the five years before 2024, New Mexico’s Medicaid spending on Vision Services rose by $3,379,448—a 158% gain. This growth increased during specific intervals, with notable jumps recorded in both 2021 and 2023.
Although funds for Vision Services were distributed throughout the state, a handful of ZIP codes saw the largest share. In 2024, ZIP Code 87110 led with $1,312,064, accounting for 23.8% of the total; ZIP Code 87106 followed with $983,826 (17.8%), and ZIP Code 87505 posted $542,201 (9.8%).
Combined, these three ZIP codes represented 51.4% of New Mexico’s Medicaid Vision Services payments for the year.
In comparison, Medicaid payments across all service categories in the state increased by 8.6% between 2023 and 2024.
While multiple Medicaid service groups saw higher spending, Vision Services ranked among the top 16 categories statewide by total payments in 2024.
According to the Centers for Medicare & Medicaid Services, federal and state Medicaid expenditures reached around $871.7 billion during fiscal year 2023, making up about 18% of the nation’s health spending. This is an increase from approximately $613.5 billion in 2019, before the COVID-19 pandemic.
This growth, roughly 40% over several years, was mainly fueled by greater enrollment and higher use of services during and after the pandemic.
Recent federal budget actions under the Trump administration included proposals to reduce federal Medicaid spending and revise the program. For instance, the “One Big Beautiful Bill Act,” enacted in 2025, is expected to cut federal Medicaid funding by more than $1 trillion over the next decade, while adding work requirements and increased cost-sharing. These measures may limit coverage and funding for some recipients, shift more financial responsibility to states, and restrict the future growth of federal Medicaid contributions, even as the program continues to serve millions of Americans.
| Year | Total Medicaid Payments | % Change From Previous Year |
|---|---|---|
| 2024 | $5,518,476 | 42.5% |
| 2023 | $3,872,865 | 58.4% |
| 2022 | $2,444,239 | -7.1% |
| 2021 | $2,631,847 | 23% |
| 2020 | $2,139,028 | -21.3% |
| 2019 | $2,718,211 | 14.2% |
| 2018 | $2,380,200 | N/A |
| ZIP Code | Medicaid Payments | % of State Total |
|---|---|---|
| 87110 | $1,312,064 | 23.8% |
| 87106 | $983,826 | 17.8% |
| 87505 | $542,201 | 9.8% |
| 88005 | $361,619 | 6.6% |
| 87301 | $288,030 | 5.2% |
| 87111 | $231,509 | 4.2% |
| 87114 | $222,638 | 4% |
| 88240 | $198,877 | 3.6% |
| 87401 | $188,516 | 3.4% |
| 87109 | $159,731 | 2.9% |
| 87124 | $152,852 | 2.8% |
| 87031 | $129,342 | 2.3% |
| 88011 | $103,491 | 1.9% |
| 88203 | $87,377 | 1.6% |
| 87507 | $83,605 | 1.5% |
| 88030 | $75,715 | 1.4% |
| 88345 | $71,971 | 1.3% |
| 88401 | $48,219 | 0.9% |
| 88101 | $38,404 | 0.7% |
| 87571 | $36,548 | 0.7% |
| 88001 | $34,966 | 0.6% |
| 87801 | $29,972 | 0.5% |
| 87402 | $26,714 | 0.5% |
| 87113 | $20,166 | 0.4% |
| 87112 | $18,848 | 0.3% |
| 87102 | $13,420 | 0.2% |
| 87701 | $10,203 | 0.2% |
| 87004 | $7,980 | 0.1% |
| 87120 | $6,667 | 0.1% |
| 87008 | $5,546 | 0.1% |
| 88310 | $5,128 | 0.1% |
| 87002 | $4,434 | 0.1% |
| 87825 | $4,053 | 0.1% |
| 87532 | $3,823 | 0.1% |
| 87107 | $3,085 | 0.1% |
| 87121 | $2,972 | 0.1% |
| 88346 | $2,316 | <0.1% |
| 88210 | $843 | <0.1% |
| 88061 | $806 | <0.1% |
Information in this article was obtained from the U.S. Department of Health and Human Services Medicaid Provider Spending database. The source data can be found here.

