summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill, the "Consumer Freedom From Unwanted Expense in Health Insurance Coverage Act," provides a New Jersey resident with the right to purchase a health insurance policy legally sold in any other state in the United States. A foreign health insurer means an insurer licensed to sell individual health benefits plans in any other state. The bill provides that, notwithstanding any other law, rule, or regulation to the contrary, a resident shall have the right to purchase a health insurance policy legally sold in any other state in the United States. The bill further specifies that an employer shall have the right to reimburse its employees for the costs of health insurance coverage purchased pursuant to the bill. The bill also stipulates that the purchase of health insurance coverage pursuant to the bill shall satisfy any legal obligation for an individual to maintain health insurance coverage imposed by any entity having the right to require that coverage be maintained.
AI Summary
This bill, the "Consumer Freedom From Unwanted Expense in Health Insurance Coverage Act," allows New Jersey residents to purchase health insurance policies that are legally sold in any other state in the United States, known as "foreign health insurers." The bill grants employers the right to reimburse their employees for the costs of these out-of-state health insurance policies, and specifies that purchasing such coverage satisfies any legal obligation for an individual to maintain health insurance coverage.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/14/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.njleg.state.nj.us/bill-search/2020/A546 |
BillText | https://www.njleg.state.nj.us/Bills/2020/A1000/546_I1.HTM |
Bill | https://www.njleg.state.nj.us/Bills/2020/A1000/546_I1.PDF |
BillText | https://www.njleg.state.nj.us/2020/Bills/A1000/546_I1.HTM |
Bill | https://www.njleg.state.nj.us/2020/Bills/A1000/546_I1.PDF |
Loading...