NJ Under 30 Insurance Reg.

njjel · April 2007

I just found out about this ruling and so I'm looking for other NJ employers to help me with it. Does anyone know who is responsible to notify the dependent who has "aged-out" that this coverage is available? Is it the employer, the insurance company or no one? And if it is the employer, is there a particular form to use to notify them?

CarolA · April 2007

The employer is responsible. We notify with our annual open enrollment. You can get the notification from your broker.

njjel · April 2007

Carol - What does the dependent of the ee do between the time they age out and open enrollment? Can't they get the under 30 coverage at the time they age out?

CarolA · April 2007

the dependent has to choose either cobra or nj age out. cant have both. they have to weigh these options. Cobra charges the monthly premium plus 2% and nj age charges 65% of the premium.

its a very strange set up. the purpose is to allow dependents to have coverage up to age 30.

hopefully you have a broker who can give you a sample notification. otherwise you can google and get info from the state. Carol

E Wart · April 2007

This must be something for NJ only since I have never heard of this (or don't understand what you mean.)
E Wart

njjel · April 2007

Yes, this is NJ specific.

NJ Under 30 Insurance Reg.

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