Live Insurance News

Health insurance exchange attempt being made again in New Jersey

October 6, 2012April 30, 2013

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…

New Jersey health insurance exchange makes progress despite setbacks

October 2, 2012October 2, 2012 Nordstrom

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…

New Jersey to get its first health insurance retail center this year

May 3, 2012April 30, 2013

Blue Cross Blue Shield to open new retail center to meet consumer demand Horizon Blue Cross Blue Shield of New Jersey has announced that it will be building the state’s first health insurance retail center. The center will be located at the East Gate Square Shopping Center in Moorestown. The retail center is meant to fill a need in the state’s health insurance industry by providing consumers with access to updated information concerning health insurance trends and insurance news. Blue Cross Blue Shield claims that the center is a response…

Freelancers Union to establish new insurance plans in New York, New Jersey, and Oregon

February 23, 2012 Nordstrom

The Freelancers Union, a non-profit organization that represents freelance workers, has received a $341 million loan from the U.S. government. The money will help the organization set up health insurance plans in three states. New York, New Jersey, and Oregon are the states where the plans will take root once they have been finalized. The plans are meant to compete with those that come from for-profit insurance companies and may help lower coverage rates by bringing in more competition to the markets. The Freelancers Union owns its own insurance company…

New Jersey a step closer to establishing a health insurance exchange

February 9, 2012May 5, 2013

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…