NJHA Insurance Services offers best-in-class insurance products, services and benefit programs to drive savings and superior program design for New Jersey hospitals and their employees.  NJHA Insurance Services enjoys a solid reputation within the industry enabling it to work effectively with brokers and high quality carriers so that participating hospitals have competitive options that offer discounts, maximize savings and reduce risk. NJHA continues to offer competitive and timely products as its expert insurance staff continuously monitors the marketplace for new product offerings.

Here are some key programs that many New Jersey hospitals use and value:

Medical Stop Loss Program

Hospitals who self-insure their health plan face an extraordinary share of risk and recognize that stop loss coverage is a vital component of any self-funded plan.  Since 1990, NJHA’s stop-loss program has covered more hospitals in New Jersey than any other insurer.  Program highlights include claim advocacy, quality carriers, competitive pricing, flexible underwriting, cash advance options and the availability of no lasering at renewal.

Life Insurance Program

With its widely recognized brand, MetLife provides coverage options for essential protection for employees and their families. By leveraging member hospital volume, NJHA can offer the most competitive and advanced insurance products available in the marketplace. Additionally, the program also eases employer’s administration while providing flexible plan designs, and extended rate guarantees.

Prescription Drug Management Program

The pharmacy benefit is a complicated and unique section of health care plans.  The NJHA RxAdvocate Program simplifies the pharmacy landscape and controls pharmacy costs.  With collaborative partnerships with leading pharmacy benefit managers and a pharmacy benefit consultant, The NJHA RxAdvocate offers aggressive pricing, 100 percent rebates, pass-thru and traditional options and oversight for contract adherence.

NJHA Insurance Services offers unparalleled expertise and industry experience with an unwavering commitment to outstanding client service.