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New Jersey Health Plans Face Staggering Premium Hikes | Jersey News
New Jersey’s public worker health plans are bracing for massive premium hikes—up to 36.5% for early retirees—driven by a worsening “death spiral” as sicker workers stay in high-cost plans while healthier ones flee to private insurance. Actuaries warn local and state workers face 17.3% and 15.1% jumps respectively, with new high-deductible plans backfiring by attracting more costly enrollees. Unions push for hospital cost controls, while lawmakers scramble to find savings and allow program loans—before September’s critical vote. Listen in comfort:Get a discount on a Soli Pillow…
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