About

Collectively, these seven Funds are over 300 member entities strong, with annual combined budgets of over $1.5 billion. The power of joint purchasing in health benefits enables the Funds to provide flexible, affordable, and customizable health benefits for tens of thousands of public employees and their families throughout New Jersey.

Health Insurance Funds (HIFs) were created over 30 years ago as a solution for public entities facing an insurance market crisis (N.J.S.A. 40A:10-36 et seq). Today, this successful model continues to empower municipalities, schools, authorities, and local governments to be an active part of the solution. The HIFs are self-governed, putting decision-making in the hands of local leaders, not insurance companies. HIF members pool their resources to secure better pricing and rate stability through economies of scale — saving taxpayers millions.

PERMA, one of the most trusted and experienced HIF administrators in the nation, has administered various New Jersey HIFs for decades. PERMA provides Fund members with access to the best industry professionals, including actuaries, auditors, attorneys, qualified purchasing agents, treasurers, and underwriters. PERMA is the appointed Executive Director for the Funds included on this website.

As an industry leader, the New Jersey Health Insurance Funds – Powered by PERMA as Executive Director, continue to guide local government entities through a changing and volatile insurance market. The Funds are committed to innovating new solutions to drive down costs and challenging the industry by advocating for change in public policy.