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A3972/S2875 - Makes Changes to Calculation of Minimum Loss Ratio Requirements

A3972/S2875, sponsored by Assemblyman Roy Freiman (Hunterdon, Mercer, Middlesex, and Somerset), Mitchelle Drulis (Hunterdon, Mercer, Middlesex, and Somerset), and Shanique Speight (Essex and Hudson), and Senator Nellie Pou (Bergen and Passaic) makes certain changes to calculation of minimum loss ratio requirements for health benefits plans in individual and small employer markets.