New Jersey A1663 mandates a study on the cost of establishing long-term health care benefits for certain individuals.

New Jersey A1663 requires the Department of Health to study the cost of establishing a long-term health care benefit for certain individuals. The study will model two options: a public long-term health care benefit for workers funded through payroll deductions, and a public-private reinsurance model. The report, due within 365 days, will include expected costs, benefits, participant numbers, Medicaid savings, and legal and financial risks. The bill will expire upon report submission.

New Jersey A1663 mandates a study on the cost of establishing long-term health care benefits for certain individuals.

New Jersey A1663 requires the Department of Health to study the cost of establishing a long-term health care benefit for certain individuals. The study will model two options: a public long-term health care benefit for workers funded through payroll deductions, and a public-private reinsurance model. The report, due within 365 days, will include expected costs, benefits, participant numbers, Medicaid savings, and legal and financial risks. The bill will expire upon report submission.