New Jersey will extend the window for eligible uninsured residents to enroll in a health insurance plan through the marketplace or directly from carriers through a COVID-19 Special Enrollment Period through May 15, 2021.

 

Residents shopping for health insurance through GetCovered.NJ.gov have access to a new state subsidy — called New Jersey Health Plan Savings – on top of premium tax credits and cost-sharing reductions available to lower the cost of their health insurance. Eight in 10 consumers purchasing coverage on Get Covered New Jersey qualify for assistance. An individual with an annual income up to of $51,040 and a family of four with an annual income of $104,800 (up to 400% of the Federal Poverty Level) will qualify for savings. Because of the availability of state subsidies, the net premium for 2021 is the lowest since the implementation of Healthcare.gov and availability of federal tax credits for individuals receiving financial help. The currently average monthly net premium for those eligible for financial help is $121 a month, compared to $164 a month in 2020, and $148 a month in 2014.

All plans available through Get Covered New Jersey meet the stringent standards of the Affordable Care Act and offer free preventive care, free telehealth during the COVID-19 public health emergency and for 90 days thereafter, and coverage for emergency services, mental health and substance use services, and more. All plans available through Get Covered New Jersey are also required to cover COVID-19 diagnostic testing and COVID-19 vaccinations without out-of-pocket costs