New Jersey S1971 imposes rate filing requirements for certain health benefits plans on the state-based exchange.

New Jersey S1971 imposes certain rate filing requirements on individual health benefits plans available on the state-based exchange, "Get Covered NJ." The legislation mandates that all health insurance carriers offering these plans must follow the ACA's single-risk-pool rule, requiring every carrier to price each plan based on projected utilization by the entire market risk pool. The bill also requires carriers to offer plans and provider networks in a geographic area at both the gold and silver levels.

New Jersey S1971 imposes rate filing requirements for certain health benefits plans on the state-based exchange.

New Jersey S1971 imposes certain rate filing requirements on individual health benefits plans available on the state-based exchange, "Get Covered NJ." The legislation mandates that all health insurance carriers offering these plans must follow the ACA's single-risk-pool rule, requiring every carrier to price each plan based on projected utilization by the entire market risk pool. The bill also requires carriers to offer plans and provider networks in a geographic area at both the gold and silver levels.