U.S. Rep. Bill Pascrell, Jr. (D-NJ), who serves on one of the three committees of jurisdiction that wrote the landmark health care reform law, today applauded the release of federal regulations to guide states in setting up health insurance exchanges.
"Today the Department of Health and Human Services released regulations to help states set up health insurance exchanges. Along with the $7.6 million Exchange Planning grant New Jersey received on February 22nd, these regulations put our state on the road to building an exchange," said Pascrell, a member of the House Ways and Means Committee who wrote key provisions of the Patient Protection and Affordable Care Act. "These Affordable Insurance Exchanges are designed to make buying health coverage both easier and more affordable. Starting in 2014, Exchanges will allow individuals and small businesses to compare health plans, answer questions, find out if they are eligible for tax credits for private insurance or health programs and enroll in a health plan that best fits their needs. As we near its two year anniversary, the Affordable Care Act continues to expand and improve health care access for all New Jerseyans."