New Jersey S4438 establishes the Public School Employees’ Health Benefits Trust to provide health insurance benefits to public school employees and.
New Jersey S4438, the "Public School Employees’ Health Benefits Trust Act," establishes the Public School Employees’ Health Benefits Trust within the Department of the Treasury. The trust aims to pool health risks and provide affordable medical, pharmacy, dental, and vision benefits to beneficiaries. Employers must offer health coverage through the trust and cannot provide other types of insurance. The trust will be governed by a board of trustees consisting of ten members appointed by various educational associations and the Governor.
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