Two People Have Signed Up for NJ Risk Pool

[dgoldenz]

Updated: Monday, 23 Aug 2010, 6:35 AM EDT
Published : Monday, 23 Aug 2010, 6:33 AM EDT

HACKENSACK, N.J. - Just two people in New Jersey will begin receiving coverage Monday under new plans created by federal health care reforms.

NJ Protect plans are available to those who have been without insurance for at least six months and submit evidence of pre-existing health conditions.

The state will receive $141 million in federal subsidies to cover claims that exceed the premiums paid by the beneficiaries.

Horizon Blue Cross and Blue Shield of New Jersey spokesman Tom Vincz expects more people will enroll in the coming weeks.

Vincz says more than 600 applications were downloaded and 268 information kits were sent out following the program's announcement on Aug. 1.

Two policies are available, with premiums ranging from $212 to $768 monthly, depending on age.

NJ PROTECT WEBSITE

 

[YouGotMyMoney]

WTF does Jersey need a risk pool for?

They are already GI.

 

[kheyknee]

NJ has GI, but pre-existing conditions are exempt without proof of creditable coverage. NJ Protect covers pre-existing conditions immediately.

 

[669comche]

And thats the Individual premium rates?

What do they get for the $768?

 

[Norwayguy]

WTF does Jersey need a risk pool for?

They are already GI.

This is the same thing I said about Maine getting money to run a program as Maine is already GI...They just rolled the money into Dirigo to prop it up...The plan has been closed to new enrollees for going on 3 years and they just recently re-opened enrollment....but the funny thing is that the amount of people covered has been dropping for years.