Final answer:
Eligible individuals in New Jersey must elect to continue health insurance benefits within a specified period after coverage termination, as part of larger insurance reforms aimed at providing coverage and various protections for millions of Americans.
Step-by-step explanation:
The question pertains to a specific requirement under New Jersey insurance law regarding the continuation of health insurance benefits after the termination of coverage. New Jersey law mandates that eligible individuals must elect to continue their health insurance benefits within a certain time frame after their previous coverage ends. While the exact number of days within which individuals must make this election was not provided in your question, such information is typically detailed in the Summary Plan Description provided by the insurance plan, or can be found in the relevant state statutes and regulations governing health insurance continuation.
Under the wider context of health insurance reform, the law aims to provide insurance for millions of uninsured Americans. Eligibility for health benefits is expanded, with subsidies available to lower premium costs for Medicaid and a requirement that all employers with more than 50 employees must offer health insurance to their employees. Protections are included, such as prohibitions on rejecting individuals for preexisting conditions, the removal of payment limits by insurance companies, and the extension of coverage for children on their parents' policies.