S.1971

Imposes certain rate filing requirements concerning certain health benefits plans available on State-based exchange.

Introduced·1/9/24

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.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Session adjourned — paused until it reconvenes

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

Roll Call Votes

Senate Commerce Committee: Reported with Amendments

5 Yea

DRDDR

0 Nay

Calendar

Mar 24, 2025

10:00 AM

Senate Commerce Hearing

History

Mar 24, 2025

Senate

Reported from Senate Committee with Amendments, 2nd Reading

Jan 9, 2024

Senate

Introduced in the Senate, Referred to Senate Commerce Committee