North Jersey Municipal Employee Benefits Fund
Health Insurance for Municipal Employees
The goal of the North Jersey Health Insurance Fund (HIF) or Health JIF is to provide Health insurance to municipal employees in Northern NJ. We provide a long-term solution to control health benefit costs for Municipalities. We create and provide programs for employees and their families to obtain quality healthcare.
The Fund Has Accomplished These Goals Through:
- More effective management of claims/payments.
- Negotiating with area providers to lower claim costs.
- Eliminating or reducing insurance company profit, overhead, and premium taxes etc. A HIF is a public entity owned and controlled by its members. Any surplus is ultimately returned to its members in the form of dividends.
- Negotiating with national networks for access to primary care physicians, specialists, and specialized facilities.
- Providing support to its members in bargaining unit contract negotiations and plan designs.
- Employee education and wellness programs.
Are you interested in long-term rate stability for your municipality or school board?
The average of the last 5 years overall rate increase Fund-wide was 1.64%
Since the Fund's inception in 1993, surplus/dividend returns have averaged about 7% of premiums paid.
The NJMEBF Serves Those Eligible Public Entities That Are Dedicated To The Funds Philosophy, Are Active Participants And Are Located In The Counties Of Morris, Passaic, Sussex, Warren, Essex And Those Portions Of Hunterdon, Somerset And Union North Of I-78.
* IN 2007 LEGISLATION WAS PASSED THAT ALLOWS SCHOOL DISTRICTS TO JOIN WITH MUNICIPALITIES IN A HEALTH INSURANCE FUND “HIF”