Newark ,
25
August
2017
|
06:00 AM
America/New_York

Horizon responds to Governor Christie's assertions about the company's unique "nonprofit" status and "charitable mission"

“The Governor is correct -- Horizon is treated uniquely: we are a not-for-profit that paid over half a billion dollars in taxes last year, which is higher than our for-profit competition. Nearly every consumer, business, and labor organization in the State has opposed the Governor & Senate’s giveaway to special interests. Horizon stood up for our policyholders when the Governor first proposed his $300 million reserve raid and we’ll continue to oppose his radical plan that increases premiums and undermines the stability of the insurance that 3.8 million New Jerseyans rely on for healthcare.”