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NJHA: Public Deserves Full Disclosure of Horizon Conversion Plan
Date:9/11/2008

id, including whether premiums would increase to satisfy the expectations of share holders, whether the new for-profit company would still cover Medicaid patients and whether the quality of the coverage would suffer under a for-profit company.

Specifically, NJHA sought from the state any additional information, data, reports, analyses and documents that the insurer has filed with the Department of Banking and Insurance and Attorney General's office to justify its conversion request. On Monday, the Attorney General denied the request, saying the documents sought are not considered public records.

"Is a for-profit Horizon good for New Jersey? No one knows at this point," said Ryan. "But the public certainly should have the right to review all the key information and feel confident that its interests are being protected. So far, that's not happening."

"We urge Horizon's executives and state leaders charged with reviewing the application to let the sun shine on this process and allow the public full access to the information that may decide the future of their health insurance coverage."


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SOURCE New Jersey Hospital Association
Copyright©2008 PR Newswire.
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