2 insurers left in NJ exchange after Health Republic withdraws: 4 things to know

Health Republic is the latest company to leave the state of New Jersey’s ACA exchange. Here’s what you need to know.

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1. Horizon Blue Cross Blue Shield and AmeriHealth will be the two companies available to New Jersey residents this year.

2. Officials of Health Republic of New Jersey cited financial strain as their reason to withdraw.

3. Ray Castro of New Jersey Policy Perspective said the lack of options will increase cost.

4. Over 80 percent of the 250,000 New Jersey residents that use the exchanges to obtain insurance have subsidies to lower the cost.

More coding, billing and collections news:
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ConnectiCare becomes latest insurer to leave ACA: 3 takeaways
Payers can forge partnerships with physicians to yield cost savings, deliver efficient care: 5 key notes

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