Healthcare

This New Jersey bill requires employers with at least 50 employees who receive Medicaid benefits to pay an annual fee to the state. The fee amount varies based on the size of the employer's Medicaid-covered workforce, ranging from $325 to $725 per employee and dependent. Employers must report the number of covered individuals by December 31, after which the state notifies them of their payment liability by March 1. The legislation includes an exemption for employees with developmental, intellectual, or permanent physical disabilities. Revenue generated from these fees is intended to help cover the costs of the state's Medicaid program.

This New Jersey bill introduces a new fee for employers who have at least 50 employees receiving Medicaid health coverage. The fee amount varies based on company size, charging $325, $525, or $725 per covered employee and their dependents depending on whether the employer has between 50-249, 250-499, or 500 or more Medicaid recipients. Employers with employees who have developmental, intellectual, or permanent physical disabilities are exempt from paying this charge. The revenue generated from these fees is intended to help cover the costs of the State Medicaid program.