New Jersey’s Medicaid Employer Assessments: What They Mean for Your Business
New Jersey’s Medicaid Employer Assessments: What They Mean for Your Business
Guide on potential Impact of New Jersey Medicaid Employer Assessment Legislation
New Jersey lawmakers are advancing S‑4533 and A‑5324, two bills designed to raise state revenue by assessing employers whose workers (or their dependents) receive Medicaid benefits. These measures are moving through budget committees alongside the state budget, and—if enacted—they will have direct financial implications for attractions, tourism operators, hospitality venues, and other employers across the state.
Overview of the Proposed Assessments
The legislation creates a Medicaid Employer Assessment based on company size and the number of employees or dependents enrolled in State Medicaid programs:
Employers with 50–249 employees — $325 per Medicaid‑enrolled employee or dependent
Employers with 250–499 employees — $525 per Medicaid‑enrolled employee or dependent
Employers with 500+ employees — $725 per Medicaid‑enrolled employee or dependent
These fees are intended to offset state Medicaid costs by charging employers whose workforce relies on public health coverage. To be clear - the proposed New Jersey Medicaid Employer Assessment does not include employees who receive coverage through the State Health Insurance Marketplace (GetCoveredNJ). It applies only to employees or dependents enrolled in Medicaid.
Businesses in Southern Ocean County rely heavily on seasonal and part‑time workers. The Chamber will continue monitoring the legislation and will provide updates as more information becomes available. Members are encouraged to participate in ongoing discussions and share feedback on how the proposed assessment may affect their operations.
For more information, see Bil here
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