Kyrillos is appointed to the board of Horizon Blue Cross Blue Shield of NJ

Governor Chris Christie appointed Senator Joe Kyrillos to the board of Horizon Blue Cross Blue Shield of New Jersey, the state’s largest health insurance company, yesterday.

Kyrillos did not seek reelection to the State Senate this year and will retire from the legislature in January. Assemblyman Declan O’Scanlon was elected on Tuesday to fill the 13th district’s seat in the upper chamber.

Horizon insures approximately 3.8 million New Jersey residents, according to its 2016 annual report.  The company had $12 billion in revenue in 2016 and $85 million in net income.

Click here for reuse options!
Copyright 2017 MoreMonmouthMusings
Posted: November 10th, 2017 | Author: | Filed under: Joe Kyrillos, Monmouth County News, New Jersey | Tags: , , , | 7 Comments »

NJ Shutdown Is Over

Governor Christie signs the budget. Photo by Tim Larsen

Both houses of the New Jersey Legislature passed a budget last night which Governor Chris Christie signed, ending the three day shutdown of non-essential government services.

New Jersey state parks and beaches will be open today, the 4th of July.  Courts, MVC offices and all other state operations will return to their normal operating hours tomorrow.

At at 10pm press conference announcing a deal on legislation to change the State’s oversight of Horizon Blue Cross Blue Shield, Senate President Sweeney and Assembly Speaker Vincent Prieto said that would ask Christie to support their desire to pay state employees for their forced day off on July 3.

Read the rest of this entry »

Click here for reuse options!
Copyright 2017 MoreMonmouthMusings
Posted: July 4th, 2017 | Author: | Filed under: New Jersey, New Jersey State Budget | Tags: , , , , , , , | 7 Comments »

Christie blasts Horizon over $16M in fines for mishandling Medicaid

TRENTON — Gov. Chris Christie’s battle with Horizon Blue Cross Blue Shield of New Jersey to give up $300 million of its reserves to the state intensified Wednesday when the governor vilified the insurer for getting slapped with $16 million in fines from the state over a period of nine months. In a hastily called news… Read the rest of this entry »

Click here for reuse options!
Copyright 2017 MoreMonmouthMusings
Posted: June 21st, 2017 | Author: | Filed under: Chris Christie, New Jersey, News | Tags: , , , | Comments Off on Christie blasts Horizon over $16M in fines for mishandling Medicaid