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Bill > A2464


NJ A2464

NJ A2464
Limits upfront costs for oral anticancer medications for persons covered under certain health benefits plans.


summary

Introduced
02/14/2022
In Committee
02/14/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 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, it 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 remedy situations where patients cannot afford to pay for these extremely high-cost oral anticancer medications upfront and wait for reimbursement from their insurer or health benefits plan.

Committee Categories

Education

Sponsors (2)

Last Action

Introduced, Referred to Assembly Education Committee (on 02/14/2022)

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