» NJ Update: Governor Murphy signs into law 60 day grace period (medical and dental)
Governor Murphy of New Jersey announced an executive order late yesterday afternoon that provides 60-day grace periods for both health and dental insurance premium payments. This will allow small groups to extend the current 30 day grace period an additional 30 days without having to do anything.
Click here to view the order in full. We are waiting on further guidance from all carriers and will keep you updated as we learn more.
Note: This does not apply to large groups. They will still need to speak directly with the carrier to request any type of change to the regular payment requirements due to a financial hardship.