On 5th Anniversary of the ACA, Payne Highlights That Hundreds of Thousands of New Jerseyans Are Benefiting

Mar 23, 2015 Issues: Health Care

Washington, D.C. – Today, on the fifth anniversary of the enactment of the Affordable Care Act, Congressman Donald M. Payne, Jr. (NJ-10) highlighted a new report showing that hundreds of thousands of New Jerseyans are benefiting from this law.

“Since President Obama signed into law the Affordable Care Act, millions of Americans, including hundreds of thousands of New Jerseyans, have benefited from quality, affordable health care,” said Congressman Payne, Jr. “The Affordable Care Act is working, and New Jersey families have improved their financial security and well-being as a result.”

Today, the U.S. Department of Health & Human Services released a new report detailing the numerous ways in which New Jerseyans are benefiting from the Affordable Care Act. Some of the key findings include:

  • Drop in uninsured rate in New Jersey under the ACA. Due to the ACA, the uninsured rate in New Jersey has fallen from 14.9 percent in 2013 to 11.7 percent in 2014. Nationwide, 2.3 million young adults have gained coverage due to a provision allowing young adults to remain on a parent’s plan until age 26.
  • Marketplace coverage of individuals in New Jersey. For 2015, 254,316 consumers are enrolled in health insurance coverage through the Health Insurance Marketplace in New Jersey. Eighty-three percent of those enrolled qualified for a tax credit that will help them afford their coverage.
  • Elimination of lifetime limits on coverage for New Jerseyans. Since September 2010, the Affordable Care Act has prohibited insurers from placing a lifetime limit on coverage. Consequently, 3,274,000 New Jerseyans, including 1,214,000 women and 877,000 children, no longer have to worry about lifetime limits on coverage.
  • Expanded access to free preventive services for New Jerseyans in private plans. Thanks to the Affordable Care Act, 2,282,000 New Jerseyans with private health insurance gained preventive service coverage with no cost-sharing. 
  • Protection for New Jerseyans with pre-existing conditions. Since January 2014, the health care law has prohibited insurers from denying coverage to individuals with pre-existing health conditions. As a result, up to 3,847,727 New Jerseyans with pre-existing conditions are protected from denial of coverage.