Phil Murphy: NJ getting its own Obamacare marketplace to guard against Trump
The decision would make
"Because we are operating on the federal exchange, we are subject to the whims of the Trump administration and directly impacted by its efforts to damage and destabilize the market,"
The exchange is designed for consumers who don't get their insurance through Medicare or their employer, a fraction of the population who traditionally has been difficult to insure. It allows them to shop for policies and apply for subsidies to help lower their premiums.
The move by Murphy is the latest step in his attempt to shore up the Affordable Care Act, a President
For example:
Watch the video at the top of this story to learn more about bringing the individual mandate back to
But there were other parts of the ACA that it couldn't control. Most prominently, the Trump administration shortened the enrollment period for states using the federal exchange from three months to six weeks.
By comparison,
Murphy thought his steps paid off. Health insurance premiums in
But figures from the
"Forcing Americans to buy insurance they can't afford isn't the answer," CMS Administrator
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Murphy sent a letter to CMS Friday saying the state intended to create its own exchange. To pay for it, he wants to redirect the federal exchange user fee -- a 3.5 percent assessment on premiums -- to the state beginning in 2021.
"We are eager to work with
Meanwhile, Murphy called on
The state's health provider trade groups applauded:
"Covering more people with health insurance and making sure that coverage is adequate for their medical needs is essential to improve health status and begin addressing the affordability concerns in health care today," said
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