Health Plans at Risk from Proposed NJ Stop-Loss Ban

Health Plans at Risk from Proposed NJ Stop-Loss Ban

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NJ Proposes Stop-Loss Protection Ban for Many NJ Employers


The New Jersey Assembly Financial Institutions and Insurance Committee is currently debating a bill that would actually ban Stop-Loss protection for many New Jersey employers – potentially putting YOUR COMPANY’S health plan at risk of termination!

This proposed law explicitly prohibits smaller employers from taking advantage of the same self-insurance strategies our state’s larger employers have enjoyed for years, and – if it passes – will both drastically limit your health insurance options and significantly increase your costs.

MAKE YOUR VOICE HEARD, and protect your rights. Call, email, or write your New Jersey State and Assembly members – urging them to oppose NJ Bill A5095.

Find a full list of Assembly members here

Find your Assemblyperson here

Attached you’ll find the following helpful materials:

Please help us fight this misguided attempt at eliminating some of the existing choices for many business throughout the state of New Jersey, and call, email or write your NJ State Assembly members immediately to oppose NJ Bill A5095.  Please also reach back to me if you’d like to discuss this further, and – as always – THANKS!

Scott Peloquin, ChFC
benefEx benefit consulting
(973) 740-2500 x314