New Mexico-based health system Presbyterian Healthcare Services will discontinue most of its Medicare Advantage plans, a spokesperson confirmed to Fierce Healthcare.
Presbyterian will nix most of its Medicare Advantage plans for the 2027 plan year, the spokesperson said, though it will continue to offer MA dual special needs plans. The move will not impact 2026 coverage for people currently enrolled in Presbyterian's MA plans.
"For Presbyterian, continuing in this market would limit our ability to invest in the care, workforce and access to serve New Mexicans where they need us most," the spokesperson said.
Alongside eliminating most MA plan options, Presbyterian will cut 150 jobs at its health plan, including some administrative positions. The spokesperson said that the job cuts will not impact clinical care, and the health system is hiring to fill about 870 open clinical positions.
Members will questions about the transition are encouraged to contact Presbyterian at 505-923-2000.