Bill

Bill > A3613


NJ A3613

NJ A3613
Exempts specialty heart hospital from 0.53 percent hospital assessment under certain circumstances.


summary

Introduced
02/12/2024
In Committee
02/12/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill would exempt a specialty heart hospital from the .53 percent total operating revenue assessment if the hospital certifies to the Department of Health and the Department of Banking and Insurance that it waives any right to bill any patient directly for health care services provided by the hospital. In FY 2024, the State estimates that the 0.53 percent assessment will generate approximately $157 million in total revenue dedicated to the Health Care Subsidy Fund. This fund supports State expenditures to subsidize federally qualified health centers, charity care, NJ FamilyCare, and other health care programs.

AI Summary

This bill would exempt a specialty heart hospital from the 0.53 percent total operating revenue assessment if the hospital certifies that it waives any right to bill patients directly for the services provided. The 0.53 percent assessment generates approximately $157 million in revenue for the Health Care Subsidy Fund, which supports state expenditures for federally qualified health centers, charity care, NJ FamilyCare, and other healthcare programs.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Introduced, Referred to Assembly Health Committee (on 02/12/2024)

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