Senate Commerce Committee Statement to Senate, No. 2629 — State of New Jersey (March 16, 2026)

Summary

A Senate Commerce Committee statement to the Senate on Senate Bill No. 2629, State of New Jersey, dated March 16, 2026, reporting the bill favorably. The bill requires health insurance carriers, including insurance companies, health, hospital, and medical service corporations, and health maintenance organizations, to reimburse a health care provider that provides a vaccine at no less than the vaccine's Centers for Disease Control and Prevention (CDC) cost per dose rate under the CDC vaccine price list. The applicable rate is the one in effect on the date the vaccine was provided. The bill was prefiled for the 2026-2027 session and includes the changes required by technical review.

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SENATE COMMERCE COMMITTEE

STATEMENT TO

SENATE, No.
2629

STATE
OF NEW JERSEY

DATED: MARCH 16,
2026

The Senate Commerce Committee reports favorably Senate
Bill No. 2629.

This
bill requires health insurance carriers (including insurance companies, health,
hospital, and medical service corporations, and health maintenance
organizations) to reimburse a health care provider that provides a vaccine at a
rate that is no less than the vaccine’s Centers for Disease Control and
Prevention (CDC) cost per dose rate pursuant to the CDC vaccine price list.
The CDC cost per dose rate is to be the rate in effect on the date the vaccine
was provided.

The
CDC vaccine price list provides the CDC and private sector cost per dose
contract prices for vaccines.

This bill was prefiled for introduction in the
2026-2027 session pending technical review. As reported, the bill includes the
changes required by technical review, which has been performed.

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