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Bill > S2806


NJ S2806

"Consumer Freedom From Unwanted Expense in Health Insurance Coverage Act."


summary

Introduced
11/21/2016
In Committee
11/21/2016
Crossed Over
Passed
Dead
01/08/2018

Introduced Session

2016-2017 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. It defines a "foreign health insurer" as an insurer licensed to sell individual health benefits plans in any other state, and a "resident" as a person whose primary residence is in New Jersey and who is present in the state for at least six months of the calendar year. The bill grants residents the right to purchase these out-of-state health insurance policies and employers the right to reimburse their employees for the costs of such coverage. It also specifies that the purchase of health insurance coverage under this act satisfies any legal obligation for an individual to maintain health insurance coverage.

Committee Categories

Business and Industry

Sponsors (22)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 11/21/2016)

bill text


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