NJ Banking Department

68,830 NJ Residents Drop Health Coverage Since January

The New Jersey Department of Banking and Insurance reports that 68,830 residents have dropped health coverage through Get Covered New Jersey since the end of Open Enrollment on January 31, 2026 — a nearly 14% decline from 509,192 to 440,362 enrollees as of April 15, 2026. The decrease is attributed to the expiration of federal enhanced premium tax credits, which increased premiums for consumers purchasing coverage through the ACA marketplace.