The Fund has accomplished these goals through:
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More effective management of claims/payments.
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Negotiating with area providers to lower claim costs.
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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.
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Negotiating with national networks for access to primary care physicians, specialists and specialized facilities.
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Providing support to its members in bargaining unit contract negotiations and plan designs.
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Employee education and wellness programs.
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The average of the last 5 years' overall rate increase Fund-wide was 1.64%
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Since the Funds inception in 1993 surplus/dividend returns have averaged about 6.5% of premiums paid.
Current Membership
- Township of Andover
- Township of Berkeley Heights
- Borough of Bloomingdale
- Township of Byram
- Town of Dover
- Township of Hanover
- Harding Township
- Township of Hardyston
- Jefferson Township
- Knowlton Board of Education
- Kinnelon Borough
- Borough of Lincoln Park
- Borough of Madison
- Township of Montville
- Borough of Mountain Lakes
- Borough of Netcong
- Town of Newton
- Township of Pequannock
- Borough of Prospect Park
- Township of Randolph
- Borough of Ringwood
- Township of Roxbury
- Sparta Township
- Township of Wantage
- Borough of Wharton
- Township of West Milford
- Borough of Woodland Park
Use the link below to find out how the NJMEBF benefits you
QUICK LINKS
FUND INFORMATION
PUBLIC RECORDS
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© 2003 - 2018 North Jeresey Municipal Municipal Employee Benefits Fund
