Coinsurance. Coinsurance is an additional cost that some health care plans require policy holders to pay after the deductible is met. When you pay coinsurance, you split a certain cost with the insurance company at a ratio determined by the terms of your insurance plan. Coinsurance is often 10, 30 or 20 percent.
State lawmakers grappling with how to fund former governor Robert F. McDonnellâs landmark 2013 transportation bill included a fail-safe measure that would increase the stateâs gas tax if Congress failed to deliver on online sales revenue by the start of 2015.
But after New Jersey ran out of money to pay for transportation projects, Republican Gov. Chris Christie and the state's Democratic-led Legislature agreed to raise the gas tax by 23 cents. It will go from 14.5 cents per gallon to 37.5 cents, marking the first time it has been raised since 1988. Rather than the second-lowest gas taxes in the nation behind Alaska, New Jersey will catapult to sixth highest. NJ Gas Tax Rises Tuesday The Garden State will go from having the 2nd-lowest gasoline tax in the country to the 6th-highest.