N.J. Rev. Stat. § 17B:17-4. Health Insurance Defined: Life and Health Insurance Code –Scope and Definitions – New JerseyStatus: Enacted
Year Enacted: 1971
Provides that health insurance is a contract or agreement whereby an insurer is obligated to pay or allow a benefit of pecuniary value with respect to the bodily injury, disablement, sickness, death by accident or accidental means of a human being, or because of any expense relating thereto, or because of any expense incurred in prevention of sickness, and includes every risk pertaining to any of the enumerated risks.
Key Issues: Benefit Design HEALTHCARE COSTS Competition HEALTHCARE MARKETS
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