New Jersey Individual Health Coverage Program Board Minutes 2026-06-02
Board Approves $36K Payment to Mercadien
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Description
The New Jersey Individual Health Coverage Program Board approved a $36,370 payment to Mercadien for financial compilations for 2023 and 2024. Mercadien advised that future annual compilation costs are expected to be about $6,000–$7,000.
Contract Details
Contract Amount
$36,370.00; future estimates $6,000/$7,000 per year
Vendor
MERCADIEN
Agency
NJ Department of Banking & Insurance, NJ
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 2, 2026
Contract Term
Financial compilations for years 2023 and 2024; future compilations estimated annually
Renewal Info
Future financial compilation work is anticipated annually with estimated costs of $6,000–$7,000 per year, but no formal renewal or term was approved in this meeting.
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