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It is a not-for-profit [1] health service corporation with a 17-member Board of Directors [2] which governs the company for its members. There are no shareholders. Horizon Blue Cross Blue Shield of New Jersey is best known for their managed care and traditional indemnity plans for individuals and employers.
The state offers subsidies to discount insurance premiums provided by private companies through "Get Covered New Jersey," mostly based on income levels. The average amount of financial help for ...
President Barack Obama signed the Affordable Care Act (ACA) into law on March 23, 2010, in the East Room before a select audience of nearly 300 people. He stated that the health reform effort, designed after a long and acrimonious debate facing fierce opposition in the Congress to expand health insurance coverage, was based on "the core principle that everybody should have some basic security ...
As of April 19, 2014, 8.02 million people had signed up through the health insurance marketplaces. An additional 4.8 million joined Medicaid. [3] Enrollment for 2015 began on November 15, 2014, and ended on December 15, 2014. [4] As of April 14, 2020, 11.41 million people had signed up through the health insurance marketplaces. [5]
This year, the Affordable Care Act celebrated its 13th birthday amid enormous successes. Thanks to the landmark law, 40 million Americans now have health care coverage.
This individual mandate required most individuals and their families to have a certain minimal amount of health insurance, with certain exemptions. Otherwise, they were required to pay the individual shared responsibility payment as a fine. [2] [3] It was one of the many Affordable Care Act tax provisions.