Does New Jersey Have a State-run Exchange?

No, but you can visit the federal health exchange, or compare rates from one of the insurance companies listed below.

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Health Exchange for New Jersey

Unlike many other states, it looked like New Jersey would running a state-run health exchange. In 2012, the New Jersey Assembly passed two bills allowing for a state-run health exchange. However, both of these bills were vetoed by New Jersey Governor, Chris Christie. As a result, New Jersey also found itself with a federally run health exchange.

New Jersey

Lots of Options for New Jersey Families

If you are a New Jersey family looking to purchase health insurance under the New Jersey Health Exchange, you will have plenty of options to choose from. The Affordable Care Act has done just that for families without health insurance: made health care affordable.

Three health insurance carriers are signed up for the Health Exchange in New Jersey. These three insurance companies include Horizon Blue Cross Blue Shield, AmeriHealth New Jersey and Health Republic Insurance of New Jersey. Combined, individuals and families looking for health insurance under their new health care marketplace will have 29 different plans to choose from.

New Jersey Exchange Info Graphic

If you have never heard of Health Republic Insurance of New Jersey, that’s because it is a new plan. This plan is a consumer oriented and operated plan. Also known as a co-op. Originally, Aetna health insurance has intentions of participating in the New Jersey Health Exchange. However, they backed out in September 2013.

In New Jersey, competition amongst insurance companies is considerably low. As a result, New Jersey residents generally shell out higher than average premiums each month for the cost of their health insurance each month. On average, New Jersey residents will pay nearly $100 more per month than residents in any other state when purchasing the lowest cost option from the health care exchange program.