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The MRHIF provides both Specific and Aggregate reinsurance coverage above its member "HIF"s Self Insured Retentions "SIR" for Medical and Prescription Drugs and Aggregate coverage only for dental. The Fund has also procured TPA services, provider networks, Prescription Benefit Manager, wellness programs, enrollments systems and other related services on a joint purchase bases. In addition to its HIF members the MRHIF will consider membership for self-insured local units that have at least 750 covered lives such as larger municipalities, Board of Educations, Counties etc. As of 2015 the Fund includes Five regional local member HIFs, that insure over 125 Municipalities and/or School Districts in New Jersey.

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Municipal Reinsurance Health Insurance Fund Questions

The Municipal Reinsurance Health Insurance Fund annual revenue was $9 million in 2023.

Municipal Reinsurance Health Insurance Fund is based in Parsippany, New Jersey.

The NAICS codes for Municipal Reinsurance Health Insurance Fund are [52421, 5242, 524210, 524, 52].

The SIC codes for Municipal Reinsurance Health Insurance Fund are [63, 632].

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