Establishes loan program in Department of Treasury for certain entities offering health benefits plans; makes appropriation.

S 1300 establishes a New Jersey state loan program administered by the State Treasurer to help health insurance companies facing insolvency due to pandemic-related coverage costs. The program provides interest-free loans to eligible entities offering health benefits plans that cannot cover coronavirus-related claims (like large numbers of severe cases or premium shortfalls), with loans limited to the exact amount needed to prevent insolvency. Loans must be applied for within nine months of the bill's effective date, and repayment terms are set by the Treasurer, who may extend or forgive repayment if needed to maintain the company's solvency. Funding for the program comes from the state General Fund.