New Jersey residents are finding it hard to pay for health insurance

new jersey health insurance

Report highlights the good news and bad news for those purchasing coverage through exchanges A recent report from the Centers for Medicare & Medicaid Services shows that enrollments in health insurance exchanges throughout the country remained stable during the last open enrollment period. In New Jersey, however, this could be a double-edged sword. While more people in the state have been able to acquire insurance coverage through the state’s exchange, fewer people are able to keep up with the pace at which insurance premiums are growing. New Jersey exchange continues…

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New Jersey health insurance exchange off the table

New Jersey Health Insurance

New Jersey health insurance exchange slammed with veto from Governor Christie Plans for a New Jersey health insurance exchange are off the table due to a veto from Governor Chris Christie. The Governor has become the latest in a long line of state officials that have rebuked the concept of a health insurance exchange in their representative states. The recent veto marks the second time this year that Governor Christie has nixed legislation concerning the New Jersey health insurance exchange. The Governor claims that the federal health care law introduced…

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Health insurance exchange decision has not yet been made by NJ

Governor Chris Christie - New Jersey Health Insurance Exchange

The state has not yet finalized its choice regarding whether or not it will run its own marketplace. The governor of New Jersey, Chris Christie, has yet to give any indication as to what his decision will be regarding the creation and implementation of the health insurance exchange for his state. The deadline for the choice is rapidly approaching, and is on November 16, 2012. The decision that has to be made by this Friday is whether New Jersey will be operating its own online health insurance marketplace, or whether…

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Health insurance exchange attempt being made again in New Jersey

Governor Chris Christie - New Jersey Health Insurance Exchange

Senators in the state are having another go at passing this element of the healthcare overhaul. Lawmakers in the state of New Jersey are making another effort to try to pass a health insurance exchange that is a central element of the federal healthcare reforms that went into effect in 2010. The matter was being discussed by a state Senate committee this past Monday. The state health insurance exchanges are meant to work as marketplaces that will provide families, individuals, and small businesses with a single location in which to…

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New Jersey health insurance exchange makes progress despite setbacks

Governor Chris Christie Flood Insurance

New Jersey health insurance exchange moving closer to becoming a reality Hope for a New Jersey health insurance exchange remains strong as a state Senate committee approves legislation that will open up the way for an exchange to be built and run by the state. The bill is similar to one that was passed earlier in the year concerning the same issue. The Democrat-controlled Legislature is expected to ultimately pass legislations concerning the New Jersey health insurance exchange and the state’s efforts are currently on track to have the exchange…

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New Jersey a step closer to establishing a health insurance exchange

New Jersey has taken a major step toward establishing a health insurance exchange this week as the Health and Senior Services committee voted to approve a new bill that would make an exchange possible. The bill, A2171, aims to define what a health insurance exchange would be for the state. Each state is allowed to determine how it implements an exchange program and how it will be run. The legislation faced staunch opposition in its early days, but as the bill changed through a series of auxiliary provisions it gained…

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New Jersey working to make deadline for federal grants that would help the state build and insurance exchange

The state of New Jersey has just over six months to finalize plans for a health insurance exchange. The deadline concerns a federal grant that would help the state make progress toward the new insurance system. The grant, worth $5 million, would be used to hire new staff that will maintain the upcoming virtual insurance marketplace. It would also help the state purchase new equipment needed to operate the system and would fund marketing efforts to promote the exchange program. If New Jersey misses the deadline, it may not be…

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New Jersey taking tentative steps toward a health insurance exchange

New Jersey may be one step closer to building its own health insurance exchange after state officials, industry analysts and stakeholders met Wednesday to discuss the issue. The meeting was hosted by the NJ for Health Care and NJ Citizen Action Education Fund. Both organizations advocate health care reform for the sake of New Jersey residents. Born from the meeting was a common consensus that the state should take measures to establish its own insurance exchange to ensure that it has control of the program by the 2014 deadline. Ray…

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