The amount that NJ state employees pay for health insurance will vary depending on the plan they choose and their specific circumstances.
The State of New Jersey offers several health plan options to employees. It is important to note that their premiums, co-pays and out-of-pocket maximums differ based on the plan chosen. For example, the NJ *State Health Benefits Program Standard Plan has a premium ranging from 10% to 26%, with the employee paying the lower rate and the state paying the higher rate. It also has a co-pay for generic drugs of $5 to $20 depending on the type of drug, and an out-of-pocket maximum of $2,400/individual and $4,800/family per calendar year.
Other plans offered by the State of NJ include Preferred Provider Organization (PPO), High Deductible Health Plan HSA Option, Point-of-Service (POS) and Health Savings Account (HSA). Employees can compare these different plans and their associated premiums and benefits before making a decision about which is the best plan for them.
In addition to the various plan options, NJ state employees have the option to purchase Vision, Dental and/or Flexible Spending Accounts (FSA) coverage. The amount they pay for this additional coverage depends on the plan they choose, as well as their specific circumstances.
Overall, the amount NJ State Employees will pay for health insurance will vary based on the plan they choose, as well as any additional coverage they may opt to purchase. It is wise to compare all of the plan options and associated premiums and benefits before making a final decision.
