NJBIZ May 21, 2018
New Jersey will
manage the health insurance exchange under the Affordable Care Act during the
2019 health insurance enrollment period.
Gov. Phil Murphy,
in a letter sent to the Centers for Medicare and Medicaid Services, said the
state will take over management of New Jersey’s Affordable Care Act
marketplace, including reviewing all individual plans to be sold on the state’s
health insurance exchange for compliance with the ACA and New Jersey law.
Currently, the
state’sDepartment of Banking and Insurancereviews plans on the individual and
small group exchanges and makes recommendations to CMS regarding certification
of plans for sale on the state’s health insurance exchange.
“At a time when
President Trump is attempting to dismantle the Affordable Care Act, it is up to
states to step up and protect access to affordable quality health
coverage,”said Murphy in his letter. “New Jersey is committed to increasing
enrollment to ensure as many individuals are covered by health insurance as
possible. My administration also believes it is critical that the insurance
offered in the state contain all the protections required under New Jersey law
and the Affordable Care Act. Assuming responsibility for managing the plans
sold on the exchange is a vital step in this process.”
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