MURPHY ADMINISTRATION RELEASES NEW REPORTS HIGHLIGHTING THE URGENT NEED TO CONTINUE IMPROVING HEALTHCARE AFFORDABILITY

These reports serve as a critical first step to understanding and addressing the health care affordability challenge impacting individuals and families in the state and nationwide. Together, the reports show that a lack of affordable health care continues to burden New Jerseyans, and they will be instrumental in supporting the development of innovative and collaborative approaches to address high costs.

The reports come on the heels of recently enacted legislation that protects consumers from harmful medical debt and builds upon a significant foundation of health care affordability and accessibility initiatives championed by Governor Murphy.

This includes record enrollment into quality, affordable health coverage through Get Covered New Jersey, enhanced Medicaid benefits, a landmark legislative package aimed at prescription drug affordability and transparency, and increased prescription drug assistance for low-income seniors, which have brought financial relief to New Jersey residents as well as provided a strong foundation for long-term solutions that expand access to affordable health care.

“We’ve taken critical steps toward addressing the rising cost of health care in New Jersey, but these reports underscore the urgency to continue our progress in making high-quality health care more affordable for all,” said Governor Phil Murphy. “It’s time to ramp up our work to transform our health care system so that it delivers the best care possible at a price that every New Jerseyan can afford.”