S 2145 (see companion bill A 3815) – New Jersey

Status: Inactive / Dead
Year Introduced: 2020
Link: https://www.njleg.state.nj.us/bills/BillView.asp?BillNumber=S2145

Allows health maintenance organizations to include charity care assessments for purposes of meeting certain loss ratio requirements. This bill allows health maintenance organizations to include the amounts that the health maintenance organizations remit as part of their annual assessment for charity care in the calculation of aggregate premiums returned in the form of aggregate benefits for purposes of complying with their annual 80% loss ratio requirements.

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