Revises rating factors for individual and small employer health benefits plans in New Jersey.
The bill revises certain requirements for individual and small employer health benefits plans and for small employer members of multiple employer welfare arrangements. The bill brings New Jersey law into conformance with certain provisions of the federal Affordable Care Act. The bill removes gender as a permissible rating factor and eliminates separate rating treatment for small employer purchasing alliances for determining permissible rate differentials between the highest rated and lowest rated plans, and for determining compliance with medical loss ratios.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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