Horizon CEO: Abuse of Out of Network Costs Driving NJ Health Care Costs Up
New Jersey is the fourth most expensive state for family health coverage. According to the Commonwealth Fund, from 2010 to 2013 family premiums here increased by 7.4 percent every year and the national average was under 5 percent. The hospital with the highest billing rate in the country is Bayonne Medical Center. Some hospitals and doctors in New Jersey charge exorbitant fees for out of network benefits because there’s no cap on how much they can charge. Horizon Blue Cross Blue Shield Chairman and CEO Robert Marino, who also sits on the board of Public Media NJ, operator of NJTV, spoke with NJTV News Anchor Mary Alice Williams about the high out of network costs seen in New Jersey.
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