New Jersey Health Insurance Exchange Decision

New Jersey.

New Jersey Gov. Christie (R) is now the latest governor to turn down a Private Health Insurance Exchange. Christie vetoed a bill today 11/06/2012 that would have created a Private Health Insurance exchange within New Jersey. This is just on the heels of Arizona turning down the exchange and Medicare Expansion last week.

New Jersey  is currently the 19th state do turn down the option of creating their own private insurance exchange. According to the press release, Christie stated that they “will comply with the Affordable Care Act, but only in the most efficient and cost effective way for New Jersey taxpayers.”

States that turns down the option to setup their own private Health Insurance Exchange will default to the federal government to build an exchange.

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