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Bill > A3346
NJ A3346
"Consumer Freedom From Unwanted Expense in Health Insurance Coverage Act."
summary
Introduced
02/12/2018
02/12/2018
In Committee
02/12/2018
02/12/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 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, even if they differ from the requirements in New Jersey. The bill defines a "foreign health insurer" as an insurer licensed to sell individual health plans in any other state, and it grants residents and employers the right to purchase and reimburse these out-of-state plans, respectively. Additionally, the bill specifies that the purchase of such coverage will satisfy 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 02/12/2018)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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BillText | https://www.njleg.state.nj.us/2018/Bills/A3500/3346_I1.HTM |
Bill | https://www.njleg.state.nj.us/2018/Bills/A3500/3346_I1.PDF |
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