Law360

Pared-Down NJ Health Insurance Tax Bill Advances

Law360 — July 27, 2020

A New Jersey bill that would require some health insurers to pay assessments on net premiums advanced Monday in the state Assembly with amendments that would affect fewer entities and cut a proposed tax rate from 2.75% to 2.5%....

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The changes would result in about $92 million less being raised, said Maura Collinsgru, health care program director with New Jersey Citizen Action.

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