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New Jersey Department
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For Immediate Release: |
For Further Information: |
Department of Banking and Insurance Informs CMS of New Jersey’s Prohibition of Short-Term Limited Duration Insurance, Warns of Harm to Consumers Under Federal Proposal |
TRENTON — Department of Banking and Insurance Acting Commissioner Marlene Caride recently notified the federal government that the sale of Short-Term, Limited Duration Insurance is prohibited in New Jersey’s individual market and warned that permitting the sale of these plans elsewhere in the country would cause harm to the nation’s health insurance market and to consumers. |
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