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Bill > A3257


NJ A3257

NJ A3257
Prohibits health insurance carriers from making certain changes to contract with network providers during term of contract.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill prohibits a health insurance carrier from making any changes to a contract that the carrier has with its network providers that would reduce the reimbursement to a provider during the term of the contract.

AI Summary

This bill, concerning health insurance contracts in New Jersey, prohibits health insurance carriers from unilaterally reducing the payment amounts they owe to healthcare providers who are part of their network during the agreed-upon term of their contract. This means that if a carrier and a provider have a contract specifying certain payment rates for services, the carrier cannot lower those rates before the contract expires or is renewed. The bill aims to provide financial stability for healthcare providers by ensuring consistent reimbursement rates throughout the contract period, and it will become effective on the first day of the third month following its enactment, applying to new contracts and renewals made on or after that date.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Assembly Financial Institutions and Insurance Hearing (10:00:00 2/12/2026 Committee Room 11, 4th Floor, State House Annex, Trenton, NJ) (on 02/12/2026)

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