NJBIA Statement on Passage of Health Insurance Reform Legislation

Mary Beaumont, NJBIA’s vice president of Health Affairs, issued the following statement regarding the passage of out-of-network reform bills A-2039 and S-485 today by the legislature.

“NJBIA thanks the sponsors and the legislators in the Senate and Assembly who voted for this important legislation,” Beaumont said. “If signed by the governor, the bill will help businesses contain costs at a time when out-of-network bills are contributing to escalating premiums and, for some companies, dropped coverage. The bill strikes a fair balance between reasonable compensation to facility-based providers and consumer protection.”