The goal of the North Jersey Health Insurance Fund (HIF) or Health JIF is to provide a long-term solution to control benefit costs while providing programs for employees and their families to obtain quality healthcare.
The Fund has accomplished these goals through:
More effective management of claims/payments.
Negotiating with area providers to lower claim costs.
Eliminating or reducing insurance company profit, overhead, and premium taxes etc. A HIF is a public entity owned and controlled by its members. Any surplus is ultimately returned to its members in the form of dividends.
Negotiating with national networks for access to primary care physicians, specialists and specialized facilities.
Providing support to its members in bargaining unit contract negotiations and plan designs.
Are you interested in long term rate stability for your municipality or school board?
The average of the last 3 years' overall rate increase Fund-wide was 4.6%
Since the Funds inception in 1993 surplus/dividend returns have averaged about 5% of premiums paid.
The NJMEBF serves those eligible public entities that are dedicated to the Funds Philosophy, are active participants and are located in the counties of Morris, Passaic, Sussex, Warren, Essex and those portions of Hunterdon, Somerset and Union north of I-78.
* In 2007 legislation was passed that allows school districts to join with municipalities in a Health Insurance Fund "HIF"
If you are like many Americans, out of pocket costs like deductible and copays are a part of your world. But the far lower cost you’ll pay for a participating urgent care visits will feel like a relief. Take a look at what you might save:
Non Emergency Service
Average ER cost
Average Urgent Care Cost
Headaches- Migraine and tension
Dave Vozza is ready to work with you and help you navigate the program.