TRENTON, N.J. – Revenues generated from a mutual holding company, now Horizon Blue Cross Blue Shield of New Jersey, should go toward reducing health insurance costs for policyholders and not lining the pockets of executives. Assemblyman Ron Dancer has introduced a constitutional amendment that, if passed, would ensure policyholders...
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TRENTON, N.J. – The $1.25 billion Horizon Blue Cross Blue Shield of New Jersey must pay New Jersey over the next 18 years needs to be used to reduce premiums, says Assemblyman Ron Dancer. The lawmaker recently introduced a constitutional amendment to guarantee lower health insurance costs for policyholders....
TRENTON, N.J. – Assemblyman Hal Wirths questioned why the $600 million going to the state in the Horizon bill (A5119) is not being used to lower costs for customers. “If Horizon is a nonprofit and has that much money leftover in the first place, premiums and rates should be...