Senate Commerce Committee Statement to Senate, No. 3416, State of New Jersey (March 24, 2025)
Summary
New Jersey's Senate Commerce Committee reported Senate Bill No. 3416 favorably in a statement dated March 24, 2025. The bill adds network adequacy standards for health insurance carriers that offer a managed care plan, requiring the Commissioner of Banking and Insurance to adopt regulations so that covered persons have reasonable and timely access to physician specialists at in-network hospitals and facilities, including anesthesiologists, radiologists, pathologists and emergency medicine physicians.
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“Senate Commerce Committee Statement to Senate, No. 3416, State of New Jersey (March 24, 2025).”
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SENATE COMMERCE COMMITTEE
STATEMENT TO
SENATE, No. 3416
STATE OF NEW JERSEY
DATED: MARCH 24, 2025
The Senate Commerce Committee reports favorably Senate Bill
No. 3416.
This bill establishes additional network adequacy standards for
health insurance carriers that offer a managed care plan. Current law
requires regulations for those carriers to include standards for the
adequacy of the provider network with respect to the scope and type of
health care benefits provided by the carrier, the geographic service
area covered by the provider network, and access to medical
specialists. This bill requires the Commissioner of Banking and
Insurance to adopt regulations to ensure that covered persons have
reasonable and timely access to physician specialists at in-network
hospitals and facilities, including anesthesiologists, radiologists,
pathologists, emergency medicine physicians, and services under their
supervision.
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