NJ Senate Approves Health Exchange Bill

Law360, New York (October 5, 2012, 4:34 PM EDT) -- New Jersey Senate on Thursday approved a measure creating a health insurance marketplace for businesses and the uninsured about five months after Gov. Chris Christie vetoed a similar measure because of uncertainty over the fate of the federal health reform law.

The bill calls for a central, virtual exchange that residents and small employers could use to purchase qualified health insurance plans at competitive rates  — a key element of the Patient Protection and Affordable Care Act, which President Barack Obama signed into law in 2010....
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