New Jersey residents will have to pay a penalty if they go without health insurance in 2019 under a new state law that takes effect starting New Year’s Day.
Joel Cantor, director of the Rutgers University Center for State Health Policy, said the state created laws and policies to stabilize and strengthen the program. Despite announcing that average premium prices would decrease this year, there was still a decline in signups.
“I thought the brought down premiums would have made a bigger difference than they did,” he said.