Bill
Bill > A435
NJ A435
NJ A435Limits upfront costs for oral anticancer medications for persons covered under certain health benefits plans.
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill limits the amount that a covered person is required to pay upfront in order to obtain oral anticancer medications by amending P.L.2011, c. 188, which requires health insurers, the State Health Benefits Program, and the School Employees' Health Benefits Program to cover oral anticancer medications on a basis no less favorable than intravenous anticancer medications. Specifically, the bill provides that, except for any copayment, deductible or coinsurance required to be paid by the covered person pursuant to the contract or policy, a contract or policy shall not require a covered person to pay any additional upfront cost or out of pocket expense for orally administered anticancer medications, even if reimbursement for that cost or expense is to be provided to the covered person at a later date. Due to the extremely high cost of many oral anticancer medications, many patients cannot afford to pay for these medications upfront and wait for reimbursement from their insurer or health benefits plan at a later date. This bill attempts to remedy these situations by limiting upfront costs to the patient's copayment, deductible or coinsurance.
AI Summary
This bill limits the amount that a covered person is required to pay upfront in order to obtain oral anticancer medications. Specifically, the bill provides that, except for any copayment, deductible or coinsurance required to be paid by the covered person, a contract or policy shall not require a covered person to pay any additional upfront cost or out-of-pocket expense for orally administered anticancer medications, even if reimbursement for that cost or expense is to be provided to the covered person at a later date. This is intended to address the issue of many patients being unable to afford the extremely high cost of oral anticancer medications upfront, while waiting for reimbursement from their insurer or health benefits plan.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/14/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2020/A435 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/A0500/435_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/A0500/435_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/A0500/435_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A0500/435_I1.PDF |
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