The COVID Project
The record
- Jurisdiction
- New Jersey
- Level
- Sector regulator
- Authority
- EO 123 (2020); Titles 17 and 17B
- Issued
- 2020-05-28 May 28, 2020
- Effective
- 2020-05-28 (grace period electable retroactively to April 1 or May 1, 2020) (read as 2020-05-28)
- End
- Grace periods ran their terms; EO 123 to January 1, 2022 (read as 2022-01-01)
- In force
- May 28, 2020 to Jan. 1, 2022
- Quarters
- 2020 Q22020 Q3
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
- Limitation types
- Other
- Addressees
- all companies authorized to sell accident and health insurance in New Jersey
- Functions reached
- IN insurance premium collection and cancellation
- CB employer group policyholders
- Collection
- New Jersey NJ
Operative words
"Carriers are directed to extend an emergency grace period for the payment of premiums to their policyholders or contract holders for all individual and group accident and health insurance policies or contracts issued and delivered in New Jersey"... "the Department is directing carriers to provide policyholders and contract holders who may be experiencing a financial hardship due to COVID-19 with a 60-day emergency grace period to pay premiums so that insurance policies or contracts are not cancelled for nonpayment of premium due. A policyholder or contract holder may elect to begin the emergency grace period retroactively on April 1, 2020 or May 1, 2020."
Enforcement
DOBI regulatory authority; EO 123
Notes
Cites EO 103 at 52 N.J.R. 549(a), EO 107 at 52 N.J.R. 554(a) and EO 123 at 52 N.J.R. 962(a): the New Jersey Register citations for the principal orders.
Retrieval noteRead from nj.gov/dobi (dated May 28, 2020).