N.J. Admin. Code § 10:78-9.12

Current through Register Vol. 56, No. 21, November 4, 2024

Section 10:78-9.12 - Payment of premium support to beneficiaries

(a) All Premium Support Program (PSP) payments will be made directly to the beneficiaries, for a portion of the amount payable to the employer by the beneficiary for the employer-sponsored health plan.

(b) The periodic payments to the beneficiary will coincide with the schedule of payroll deductions as established by the employer.

(c) The amount of the periodic payments to the employee shall be the amount of the employee's contribution to the employer's plan, less the monthly NJFC/PSP premium amounts for which the employee is responsible, in accordance with 10:78-9.13.

N.J. Admin. Code § 10:78-9.12