The SNJREBF is a Health Insurance Fund (HIF) which provides participating public entities with a cost-effective way to provide insurance for their employees while containing costs, while allowing employees to enjoy thorough and reliable health insurance coverage for themselves and their families.
By retaining the dollars you would otherwise pay an insurance company for routine benefits, you eliminate the profit margin, overhead expenses, and applicable taxes that group insurance premiums include. These savings become available to help defray the expenses for routine claims and to pay the administrative costs for your program.
As a participating employer in the Fund, you can:
- Contain your health benefits cost
- Save money by reducing the expenses included in the premiums that would otherwise go to an insurance company
- Improve your cash flow through paying only fixed plan expenses and only those claims that actually occur
- Earn interest on funds until utilized
- Save additional money when claims are lower than projected in a given plan year
- Cap your overall risk exposure at a manageable level
- Provide long-term stability in your health benefits program costs
SNJREBF Mission Statement
The goals of the Fund are to provide a long-term solution to control escalating benefit costs while providing programs for employees to obtain quality care.
This has been accomplished in the following ways:
- More effective management of claims/payments
- Negotiate with area providers to lower claims costs
- Negotiate with national networks for access to specialized facilities
- Provide support in bargaining unit contract negotiations
- Employee education
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Participating Municipalities/
School Boards |
Alloway Twp Bd of Ed
Barrington Borough
Bellmawr Borough
Bordentown Twp
Brooklawn Borough
Cherry Hill Fire District
Chesilhurst Borough
Clayton School District
Clearview Regional School District
Collingswood Bd Of Ed
Delsea Regional Bd Of Ed
Gateway Regional Bd Of Ed
Gibbsboro Borough
Gloucester City
Gloucester County Institute of Technology
Gloucester County Special Service School District
Harrison Bd Of Ed
Haddonfield Borough
Lawnside Borough
Lindenwold Borough
Magnolia Borough
Mansfield Twp
Maple Shade Twp
Medford Lakes Board of Education
Medford Lakes Borough
Merchantville Boro
Monroe Twp
Mt Ephraim Boro
Mount Holly Bd Of Ed
Paulsboro Bd Of Ed
Paulsboro Borough
Pine Hill Borough
Pitman Borough
Riverside Twp
Riverside Twp Bd Of Ed
Runnemede Borough
Shamong Twp Bd of Ed
South Harrison Bd Of Ed
Willingboro Twp
Wenonah Borough
Woodstown-Pilesgrove Bd of Ed
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