Employers will not be subject to a new tax on their group health benefits under revised legislation to support New Jersey's individual health insurance market. The Senate Commerce Committee approved changes that will fund the program from an appropriation from the general fund instead. Two bills, S-1877(Vitale, D-19)/A-3380 (McKeon, D-27) and S-1878 (Vitale, D-19;Singleton, D-7)/A-3379 […]
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New Taxes Proposed for Group Health Insurance Coverage A pair of bills working their way through Senate and Assembly committees this Thursday, April 5, would attempt to stabilize the New Jersey individual health insurance market with a new tax on group health benefits coverage, causing significant cost increases for employers. “New Jersey Health Insurance Market […]
“Out-of-network Consumer Protection, Transparency, Cost Containment and Accountability Act” – A-2039 (Coughlin, Schaer, Lampitt) / S-485 (Vitale, Weinberg) NJBIA Position: Support The bill addresses the ever-increasing healthcare costs for “surprise” medical bills and is necessary not only for employers, employees and all consumers, but also for the state to realize savings in the public employee […]
Health Affairs Policy Committe Tuesday, April 24, 2018 9:00 a.m. – 11:30 a.m. The Health Affairs Policy Committee will meet on Tuesday, April 24 at New Jersey Business & Industry Association Headquarters – 10 West Lafayette Street in Trenton. The meeting will begin at 9:30 a.m. and end by 11:30 a.m., with registration and networking […]