New Jersey will not stop selling OMNIA health insurance plans

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Acting Insurance Commissioner refuses to stop selling OMNIA plans New Jersey’s acting Insurance Commissioner, Richard Badolato, has refused to halt the sale of OMNIA health insurance plans coming from Horizon Blue Cross Blue Shield of New Jersey. Badolato suggests that stopping the sale of these policies would “immediately trigger chaos” in the state’s health insurance market. Earlier this month, 11 hospital systems requested that OMNIA plans no longer be allowed to be sold in the state, but New Jersey officials believe that this would be the wrong move. Consumers are…

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Health insurance enrollment center opens in New Jersey

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Enrollment center will provide aid to those looking for health insurance coverage A new health insurance enrollment center has opened in New Jersey. The center will be operating six days a week and will provide consumers with assistance in enrolling in the state’s health insurance exchange. Open enrollment for the exchange, as well as those located throughout the country, began at the beginning of November. Consumers looking for coverage will now be able to find the policies that they need through these exchanges, with many expected to qualify for subsidies…

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New Jersey Senators take issue with proposed health insurance plans

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Senators seek more regulation for insurance plans that will be offered by Horizon Blue Cross Blue Shield Two Senators in New Jersey have filed a request with the state’s Attorney General to delay one of the largest health insurance providers from offering a set of new plans. The plans are meant to be sold as money-saving solutions that would provide better coverage for health care costs. The plans are coming from Horizon Blue Cross Blue Shield and the Senators are concerned that the plans could be a detriment to both…

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

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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 health insurance company expanding into New Jersey

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Oscar Health Insurance will offer coverage through the state’s insurance exchange for the next open enrollment period New Jersey residents that will be shopping for health insurance through the state’s exchange will have more options beginning on November 15 this year. Oscar Health Insurance, a startup that was launched last year in New York, has announced that it is expanding to New Jersey. The insurer covers some 16,000 people in New York and has won praise from its customers. The insurer will be participating in New Jersey’s insurance exchange when…

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Health insurance legislation sparks controversy in New Jersey

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Legislation aims to change the way insurance arrangements for employers work Controversial legislation in New Jersey has managed to speed its way through the state’s Legislature, but has encountered an legislative hurdle that may be difficult to overcome. The legislation, called A3421, is designed to create incentives for businesses to band together in order to offer health insurance policies through self-funded Multiple Employer Welfare Arrangements. Critics of the legislation suggest that this is a way for employers to charge more for the coverage they sponsor for older workers. Companies in…

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New Jersey home to some of the most expensive health insurance coverage in the US

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Report highlights the costs of insurance coverage throughout the US under the Affordable Care Act The U.S. Department of Health and Human Services has released a report that serves as the federal government’s first concerted effort to evaluate the affordability and availability of insurance coverage through the Affordable Care Act. Some 36 states were evaluated for the report and the federal agency found that New Jersey was home to some of the most expensive coverage in the country. New Jersey residents are paying significantly more for their health insurance coverage…

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Health insurance high risk pool comes to an end today

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The NJ Protect program is expiring today, meaning that sick patients in New Jersey will need other coverage. Sick patients in New Jersey who had previously been receiving their coverage through the NJ Protect federal high risk pool have been scrambling to obtain other forms of health insurance coverage, as their previous plan is ending today. The program has come to a close due to the access that patients now have to standard plans. According to the New Jersey Department of Banking and Insurance, by the time the NJ Protect…

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Aetna pulls out of New Jersey health insurance exchange

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Company opts to not participate in state health insurance exchange Aetna, one of the largest health insurance companies in the U.S., has announced that it will not be participating in the New Jersey health insurance exchange. The exchange is set to begin open enrollment on October 1 this year, and is meant to provide consumers with access to affordable health insurance plans. Aetna was expected to be a prominent participant in the exchange, but disagreements with state officials may have discouraged the company from participating in the state’s exchange. Aetna…

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Enrollment in New Jersey health insurance program to be frozen

New Jersey Health Insurance

Health insurance program enrollment to be suspended on March 1 On March 1, 2013, New Jersey will suspend all enrollment into a state-run health insurance program designed for consumers with pre-existing medical conditions. State officials note that this is a mandatory measure per the Affordable Care Act and that the state was directed to suspend enrollment into this program by the Department of Health and Human Services. The health insurance program, which is called the Pre-Existing Condition Insurance Plan, is suggested to be in danger of running out of money…

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