Senate Commerce Committee Statement to Senate, No. 3416 — State of New Jersey (March 24, 2025)
Summary
A Senate Commerce Committee statement to the Senate on Senate Bill No. 3416, State of New Jersey, dated March 24, 2025, reporting the bill favorably. The bill establishes additional network adequacy standards for health insurance carriers that offer a managed care plan. It requires the Commissioner of Banking and Insurance to adopt regulations ensuring covered persons have reasonable and timely access to physician specialists at in-network hospitals and facilities, including anesthesiologists, radiologists, pathologists and emergency medicine physicians. The statement says current law already requires network standards on scope of benefits, geographic service area and access to medical specialists.
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Cite this document
“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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