Energy Conference: Decarbonization - A Business Perspective REGISTER

The Press of Atlantic City took Gov. Phil Murphy and legislative leaders to task for adding a new tax on certain employer health plans at a time when businesses are in a fight for their survival.

The tax is 2.5% on the cost of premiums and is expected to generate $220 million a year. NJBIA opposed the measure and campaigned vigorously against it.

“Pity the many working families who pay for health insurance through their employer and those who don’t qualify for reduced-price government plans. For them, this latest action just worsens the two main problems with health care — that it’s too costly and too complicated,” the editorial stated.

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