Market Intelligence Resource | August 13, 2017

New Jersey Senate Bill 2 Of 2017, Clarifies Role Of Health Service Corporations, Revises Membership Of Board Of Directors, Regulates Surplus & Requires Timely Publication Of Certain Information By DOBI

On July 3, 2017, the New Jersey Governor signed this legislation. The legislation clarifies the role of health service corporations, revises the membership of the board of directors of health service corporations, regulates surplus, and directs the reduction of surplus that is in excess of an established range. These regulations are imposed on non-profit plans, notably Horizon Blue Cross Blue Shield of New Jersey . . .

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