Bill
Bill > S1464
NJ S1464
Requires medical fee schedule by automobile insurers to provide for reimbursement of certain services provided by ambulatory surgical center at rate of 300 percent of Medicare payment rate.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill requires the medical fee schedule promulgated by the Commissioner of Banking and Insurance that is used for the reimbursement of medical expenses by certain automobile insurers to provide for reimbursement of services provided by an ambulatory surgical center that are not currently listed on the medical fee schedule at a rate of 300 percent of the Medicare payment rate for that service provided that the services are reimbursable pursuant to current Centers for Medicare and Medicaid Services guidelines. Unlisted medical supplies utilized in conjunction with services that are not currently listed on the medical fee schedule are required to be reimbursed at invoice cost plus 20 percent.
AI Summary
This bill requires the medical fee schedule promulgated by the Commissioner of Banking and Insurance for the reimbursement of medical expenses by certain automobile insurers to provide for reimbursement of services provided by an ambulatory surgical center (ASC) that are not currently listed on the medical fee schedule at a rate of 300% of the Medicare payment rate for that service, provided the services are reimbursable under current Centers for Medicare and Medicaid Services (CMS) guidelines. Additionally, unlisted medical supplies utilized in conjunction with these unlisted services are required to be reimbursed at invoice cost plus 20%.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 01/09/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S1464 |
| BillText | https://pub.njleg.gov/Bills/2024/S1500/1464_I1.HTM |
Loading...