New Jersey

Murphy Administration Identifies Roughly $100M in Health Benefits Savings in New Jersey

What to Know

  • NJ Gov. Phil Murphy's administration says it has identified up to roughly $100 million in savings from state worker, retiree health costs
  • The state treasurer said Thursday the Democratic administration could save an estimated $77 million through an audit of ineligible enrollees
  • The savings are roughly 3 percent of $3.4 billion in health benefits the state budgeted this year

New Jersey Gov. Phil Murphy's administration says it has identified up to roughly $100 million in savings from state worker and retiree health costs.

Treasurer Elizabeth Muoio said in a statement Thursday that the Democratic administration could save an estimated $77 million through an audit of ineligible enrollees. She also says up to $25 million could be saved by streamlining costs from third-party vendors.

She says the ideas come a day after a meeting with the state's health consultant that suggested premiums could rise by 6 percent next year.

The savings are roughly 3 percent of $3.4 billion in health benefits the state budgeted this year. They are also smaller than roughly $1.4 billion in savings proposed by a bipartisan commission under Republican Chris Christie.

Copyright AP - Associated Press
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