Date: March 03, 2017

TRENTON (March 3, 2017): In response to a proposal made by Governor Christie during his Budget Address this week that Horizon Blue Cross and Blue Shield of New Jersey begin to annually contribute to a charity fund to the tune of hundreds of millions of dollars, the following statement may be attributed to National Federation of Independent Business (NFIB) New Jersey State Director, Laurie Ehlbeck:

The small business community ardently opposes mandates being placed on the private sector by lawmakers, and this proposal is no exception. Our members are already strapped with not only overwhelming healthcare costs but exorbitant taxes thanks to the pension obligation of administrations past. More than half of the state’s insured population could be impacted by hikes to premiums that would be a direct result of Horizon Blue Cross Blue Shield being forced to deplete the reserves they are legally obligated to maintain.

Our members want nothing more than to see the state achieve economic success through strong leadership at the legislative level. Forcing a private company to contribute to a fund, regardless of how well intentioned that fund may be, is a gimmick designed to avoid making the difficult choices that Trenton has been avoiding for decades. We already know from the past that fiscal shell games and band-aid solutions do nothing but delay the inevitable. 

Related Content: Small Business News | Economy | New Jersey

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

Or call us today

© 2001 - 2023 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy