Assemblyman Herb Conaway, Jr., Chairman of the Assembly Health and Senior Services Committee highlighted his upcoming priorities for the NJBIA Health Affairs Committee Nov. 1. They include expanding the Board of Directors at University Hospital, ensuring patients have access to chemotherapeutic medications, addressing the lead in New Jersey’s drinking water, hosting a roundtable discussion on […]
The Department of Banking and Insurance (“Department”) intends to propose regulations to implement the Out-Of-Network Consumer Protection, Transparency, Cost Containment and Accountability Act, P.L. 2018, c. 32 (N.J.S.A. 26:2SS-1 to -20, “the Act”). The Department is providing this advance notice seeking your feedback concerning the implementation of the Act. You can provide any feedback concerning […]
On average, the premium price of 2020 plans for the individual market will be 8.7% higher than this year’s. That number is still 1.4 % lower than what consumers paid on average in 2018. Rates in the Small Employer Market will increase on average by 1.1 percent over last year.
The New Jersey Department of Banking and Insurance was notified by the U.S. Centers for Medicare and Medicaid Services on September 24th of authorization to serve as a State-Based Exchange on the Federal Platform. DOBI plans to use $2 million dollars to fund the Navigator and the Certified Application Counselor programs for 2020, and all […]
On Friday, Gov. Phil Murphy signed A-5499 into law, this legislation would allow the Department of Banking and Insurance to set up a state-based marketplace for insurance. Both the Assembly and Senate passed the legislation and sent it to Governor Murphy late in the week. The Senate approved the legislation by 24-12 before the Assembly […]