New Mexico this year will receive the largest tobacco settlement payment it has ever received from the industry.
The state attorney general’s office made the $50 million announcement this week, saying the payment includes an additional $14.5 million as a result of a court ruling in which the judge sided with New Mexico over allegations that the state had been shortchanged by the industry.
Attorney General Hector Balderas said the payment will ensure additional funds are funneled to public education and health programs.
The New Mexico Legislature decides how to spend the tobacco settlement money. The largest recipient is Medicaid, which provides access to health care for low-income individuals and families.
Other programs funded by the settlement money include cancer screening, smoking cessation and services for HIV patients.
Topics Mexico
Was this article valuable?
Here are more articles you may enjoy.
Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment 
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion 
Phoenix Hit by Hail and Strong Winds, Damaging Vehicles Across Valley 
Chubb Q3 Net Income Down Slightly on More Catastrophe Losses 
