Pallone: Children's Health Insurance Program could lose funding without new legislation

The Children's Health Insurance Program could run out of money next year, according to Rep. Frank Pallone. Pallone sponsored the original CHIP bill 17 years

The Children's Health Insurance Program could run out

The Children's Health Insurance Program could run out of money next year, according to Rep. Frank Pallone. (Credit: News 12 New Jersey)

NEW BRUNSWICK - The Children's Health Insurance Program could run out of money next year, according to Rep. Frank Pallone.

Pallone sponsored the original CHIP bill 17 years ago.

More than 800,000 New Jersey children benefit from the program, Pallone says.

He spoke to health care workers at the PSE&G Children's Specialized Hospital in New Brunswick Thursday. 

"We really need to continue with the CHIP program for the next four years while the Affordable Care Act or Obamacare continues to kick in and more people take advantage of Obamacare," says Pallone.

The congressman has authored a bill to keep New Jersey's program, FamilyCare, funded. Pallone says if it doesn't pass Congress, the plan will run out of cash in September 2015.

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