Lilo Stainton | October 9, 2019 | NJ Spotlight |
The Trump administration has given New Jersey officials formal approval to create a hybrid federal-state health insurance exchange for the hundreds of thousands of individual market consumers expected to seek coverage for next year — and it is scheduled to open for business in less than a month.
The hybrid model is a first step in the state’s multiyear process to assert greater control over this system; under the plan, New Jersey will take full charge of the exchange and launch its own website in order to sell policies for 2021.
For the 2020 plans — on sale from Nov. 1 through Dec. 15 — the Trump administration’s approval gives the Garden State greater control over the enrollment process and plan design; the state has already committed to spend more than twice what it did last year on public outreach and sign-up assistance. But consumers will still need to purchase products through the federal healthcare.gov website and depend on officials in Washington, D.C. to approve their application.
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