Health insurance

Over 285,000 people purchase health insurance through Get Covered New Jersey

Department of Banking and Insurance Commissioner Marlene Caride today announced that more than 285,000 New Jersey residents have purchased a 2022 health insurance plan through Get Covered New Jersey so far during the three-month open registration period which began on November 1.

Consumers are taking advantage of the record levels of financial assistance available through the US bailout and increased and expanded state subsidies, Caride said in a press release. The total number of registrations increased by more than 25%, with 60,000 additional health plan selections compared to the same period last year.

Open enrollment for 2022 health insurance ends on January 31, 2022, but residents must enroll in a plan by December 31, 2021 for coverage to take effect on January 1, 2022.

“We are delighted that residents are taking advantage of the significant financial assistance that is now available in New Jersey as a result of federal and state steps taken to reduce the cost of affordable, quality health insurance. Hundreds of thousands of consumers have already subscribed to a 2022 health plan, ”said Commissioner Caride. “With a critical deadline approaching and only two weeks to purchase health insurance taking effect the first of the year, we are urging New Jersey residents who need coverage to act now to find a plan that meets their needs and their budget. “

As of December 5, a total of 286,955 residents were signed up for 2022 health coverage with Get Covered New Jersey, including 40,942 new or existing consumers who actively selected a plan and 246,013 who were automatically renewed. The total number of plan selections is up 26% from the same period last year, when 226,727 residents signed up for coverage.


Get Covered New Jersey is the only place residents can apply for financial assistance to cut costs. Nine out of 10 residents who register will be eligible for financial assistance to make the cost of quality health insurance more affordable. The majority of people receiving financial assistance will have access to a health plan at a cost of $ 10 per month or less, due to historic savings that remain available for 2022 thanks to the US federal bailout law and the ‘State of New Jersey.

The American Rescue Plan Act dramatically increased the amount of financial assistance available to consumers and removed the income limit for receiving assistance. The law now guarantees that no one pays more than 8.5 percent of their income for health insurance (based on a benchmark plan).

The additional savings allowed New Jersey to increase the amount of state grants available to eligible consumers and for the first time extend state savings to residents at higher income levels, allowing those who earn an annual salary of up to 600% of the federal poverty line. ($ 77,280 for an individual and $ 159,000 for a family of four) to receive state assistance, up from the state subsidy threshold of 400% of last year’s FPL .

The open enrollment period for 2022 coverage at Get Covered New Jersey runs from November 1, 2021 to January 31, 2022. Consumers must register by December 31, 2021 for coverage beginning January 1, 2022; if they enroll before January 31, 2022, coverage will begin February 1, 2022. Open enrollment is the only time of the year residents can enroll in a plan, unless they are living a major event in their life, such as getting married, moving or having a baby, which qualifies them for a special enrollment period.

Managed by the Department of Banking and Insurance, Get Covered New Jersey provides New Jersey residents with access to affordable, quality health insurance options for themselves and their families. All of the plans offered through cover preventative services, emergency services, prescription drugs, prenatal and pediatric care, and more, and no one can be denied coverage due to a pre-existing condition.

In New Jersey, there is still an obligation to have health coverage. Residents who do not qualify for an exemption from the shared responsibility payment will pay a penalty at tax time.