Tuesday marks the start of open enrollment for the state’s health insurance marketplace, known as Get Covered New Jersey. The marketplace is available for residents who do not have insurance through an employer or another program, like Medicare. New Jersey’s Banking and Insurance Commissioner Marlene Caride says historic levels of financial assistance are available this year: Nine out of 10 residents enrolling will qualify for financial help, and many people will have access to a health plan at a cost of $10 a month or less. More than 324,000 New Jerseyans got coverage through the marketplace for 2022 — a 20% increase over 2021.
One of New Jersey’s big health care companies is getting even bigger. New Brunswick-based Johnson & Johnson announced a major acquisition on Tuesday. Johnson & Johnson is buying Abiomed, a med tech company that focuses on cardiovascular products, in a deal valued at more than $16 billion. The move comes as Johnson & Johnson is preparing to split into two companies — one focused on consumer health, the other on medical technology and pharmaceuticals.
The number of available jobs nationwide surged in September. There were more than 10 million open positions, which was more than expected. The lodging and food service industry reports the most unfilled jobs.
Inflation will take a bite out of your Thanksgiving meal this year. According to Wells Fargo, turkey prices are forecast to be 23% higher than a year ago. Prices for other dinner staples will be up as well.
