In 2008, about 84% of residents in New Jersey had Health Insurance coverage. The percentage of residents lacking health insurance has increased within the past year, and now over fifteen percent of residents are uninsured. This increase in the percentage of residents lacking coverage is alarming, and it means that the availability of Health Insurance is not as it used to be. The Department of Banking and Insurance, as well as the Department of Health and Senior Services in New Jersey need join forces so the percentage of insurance coverage can increase within the state once again, as the situation is in dire need of improvement.
One good indicator that shows that efforts are being done to revert the negative tendencies is that the percentage of employers offering health benefits to their workers has increased in the past five years. Currently, almost 70 percent of all employers offer Health Insurance to their employees, and about 8 of 10 workers take advantage of the health benefits offered by their work.
New Jersey’s Public Health funding is average, as compared to the rest of the nation, and it allows them to have a great rate of primary care availability for its residents. This state has one of the highest rates of primary care physicians, with 146.2 doctors available for every 100,000 residents. Overall, the success of New Jersey’s Health System is due to its adequacy, effectiveness, and availability to its residents. 88 percent of residents within the state are able to obtain medical attention when needed, which is a great indicator that the Health System works for them. Federally Qualified Health Centers are also available, and they serve about 15% of population under the 200% FPL.
If you are a New Jersey resident looking for a Health Insurance plan that best suit your needs, we highly encourage you to visit the site of New Jersey’s Department of Banking and Insurance. They regulate the insurance industry in NJ, and can help you check that any companies or agents you’re interested purchasing with are licensed to do sell Health Insurance within the state.