On Friday, Gov. Phil Murphy signed A-5499 into law, this legislation would allow the Department of Banking and Insurance to set up a state-based marketplace for insurance. Both the Assembly and Senate passed the legislation and sent it to Governor Murphy late in the week. The Senate approved the legislation by 24-12 before the Assembly passed it 49-24. A New Jersey-specific exchange would give state regulators greater control over the enrollment period — which was shortened on Healthcare.gov by the Trump administration — potentially boosting the number of New Jerseyans with health coverage.
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