Law360

NJ Senate Panel OKs Pared-Down Health Insurance Tax Bill

Law360 — July 28, 2020

By James Nani

A New Jersey bill that would require some health insurers to pay assessments on net premiums was advanced Tuesday by a state Senate panel with amendments that include cutting the proposed tax rate from 2.75% to 2.5%....

To view the full article.... [paywall]

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Maura Collinsgru, health care program director at New Jersey Citizen Action, told the committee the measure, as amended, would generate $224 million [to support health care in NJ]...

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