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Thursday, January 2, 2025

Governor Murphy signs bill on health benefits plan requirements

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Governor Phil Murphy | Official website of Phil Murphy

Governor Phil Murphy | Official website of Phil Murphy

Governor Murphy has enacted new legislation, S-2875/A-3972, which modifies the calculation of minimum loss ratio requirements for health benefits plans in both individual and small employer markets. The bill was sponsored by Pou, Freiman, Drulis, and Speight.

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