State Medicaid Fee for Businesses: A Look at New Jersey's Approach and Potential Impact on Other States
New Jersey is implementing a new fee on businesses whose employees are covered by Medicaid instead of employer-provided health insurance. This fee is being considered by other states as well. Democratic lawmakers and governors view this fee as a means to support the Medicaid program, which covers low-income individuals, especially as federal policy changes are anticipated to increase costs for states and potentially reduce coverage for individuals.