Health insurance enrollment hits record high at Get Covered New Jersey as open enrollment deadline approaches

TRENTON – Department of Banking and Insurance Commissioner Marlene Caride today announced that more than 300,000 New Jersey residents have purchased health insurance from Get Covered New Jersey ( so far during the open enrollment period, an increase of 21% over last year. The number of residents enrolled in coverage is a record for New Jersey, with more consumers signing up for market coverage than during any prior open enrollment period since the Affordable Care Act passed.

The record number of enrollments follows policy actions at the state and federal levels to significantly increase financial assistance and increase access to coverage during the COVID-19 pandemic. Now nine out of 10 residents who enroll in Get Covered New Jersey are eligible for financial assistance to make the cost of quality health insurance more affordable, and the majority of those receiving financial assistance have access to a health plan. at a cost of $10 per month or less. Record entries also come as the January 31 open entry deadline approaches.

“New Jersey has made access to health care a priority since the beginning of the Murphy administration, and there is no doubt that our work is paying off. More New Jersey residents are now enrolled in in-market health insurance than ever before. These people are getting affordable, quality health insurance at a time when coverage and care couldn’t be more important,” said Commissioner Caride. “And thanks to the leadership of President Biden and Governor Murphy, more people are now eligible for lower-cost bonuses than ever before due to significant savings from the US federal bailout and state grants. If you need health insurance, we urge you not to wait. Find out your options and register now before the upcoming deadline.

Residents without coverage through an employer or other program have less than two weeks left to enroll in Medicare 2022 during the open enrollment period that ends January 31, 2022. After open enrollment, residents who don’t have health insurance through an employer or other programs, such as Medicaid or Medicare, can enroll only if they have a major life event.

As of Jan. 2, a total of 307,292 residents are enrolled in 2022 health coverage through Get Covered New Jersey, including more than 90,000 new or existing consumers who have actively selected a plan and 215,000 who were automatically renewed during the term. open registration which began in November. 1st. The total number is the highest ever signed for Marketplace plans during an open enrollment period since the Affordable Care Act was enacted and healthcare markets began in 2014. The total number of enrollment increased 21% over the same period last year, with an additional 53,000 health plan selections.

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

The additional savings allowed New Jersey to increase the amount of state grants available to eligible consumers and to extend state savings to residents at higher income levels for the first time, allowing those earning an annual salary of up to 600% of the federal poverty level. ($77,280 for an individual and $159,000 for a family of four) to receive state assistance, up from last year’s FPL 400% state subsidy threshold. More than 26,000 people newly eligible for expanded financial assistance have chosen a plan and will receive nearly $250 per month in savings, or about $3,000 in savings for the year.

The open enrollment period for 2022 coverage at Get Covered New Jersey runs from November 1, 2021 through January 31, 2022. For consumers who enroll before January 31, 2022, coverage will begin February 1, 2022. Open enrollment is the only time of year residents can enroll in a plan, unless they have a qualifying life event, such as having a baby, getting married, or moving, that makes them eligible for a special registration period.

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

In New Jersey, it is still mandatory to have health coverage. Residents who do not qualify for an exemption from the Shared Responsibility Payment will pay a penalty at tax time.

To help residents enroll in the marketplace, the Department has expanded the availability of navigators within local communities who provide free, unbiased assistance to consumers in finding the right health plan. There are now 18 agencies with navigators who can provide assistance to residents by phone, virtually or in person.

Residents can learn more at or:

The Get Covered New Jersey Week 9 Open Enrollment Preview can be found here:

About Daisy Rawson

Check Also

Insurance and taxes dominate early discussion of car-sharing regulations

Talk of insurance and taxes dominated discussions of the Legislative Assembly’s first step toward regulating …