A majority of adults living in New Jersey think they’re health insurance premiums are too high, but are overall satisfied with the quality of care they are receiving, according to a survey conducted by the New Jersey Health Care Quality Institute and the Rutgers-Eagleton Explore Health Insurance Choices, Information and Satisfaction institute.

The “Health Matters Poll” report surveyed a random sample of 1,203 New Jersey adults. The study found that six in 10 residents had a choice of different plans when enrolling in their current one, and among those who had a choice, about nine in 10 say they had enough information about the different plans to make an informed choice.

Most residents believe insurance companies are charging too much. A majority said they are less satisfied with the cost of their monthly insurance premium than any other asked-about aspect of their health care: 34 percent feel somewhat or very dissatisfied about this particular cost.

“The poll confirmed what we’re hearing on the ground – affordability and the value of available plans remain major issues among residents purchasing in certain markets,” said Linda Schwimmer, CEO of NJCQI, in a release. “The ACA was effective in increasing coverage, but there’s more to be done to make that coverage affordable. This is especially true for small businesses and individuals above 400 percent of the federal poverty level who are purchasing insurance on their own and not receiving subsidies. They are feeling the brunt of a health care system’s costs that are ever increasing.”

Cosmo Insurance Agency works hard to provide the best possible prices for our clients. Call us today for a quote. 732-363-3888



source: http://www.njbiz.com/article/20180123/NJBIZ01/180129968/nj-residents-think-health-insurance-is-too-expensive-according-to-study


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