Bill

Bill > A3043


NJ A3043

NJ A3043
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
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 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 mandates that the medical fee schedule, which automobile insurers use to reimburse medical expenses, must provide for ambulatory surgical centers (ASCs) to be reimbursed at 300% of the Medicare payment rate for services not currently listed on the schedule, provided these services are reimbursable under current Centers for Medicare and Medicaid Services (CMS) guidelines. CMS is a federal agency that administers Medicare and Medicaid. Additionally, unlisted medical supplies used with these unlisted services will be reimbursed at their invoice cost plus a 20% markup. This change aims to ensure fair compensation for ASCs and associated supplies within the context of automobile insurance personal injury protection (PIP) coverage and other relevant medical expense benefits.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, Referred to Assembly Financial Institutions and Insurance Committee (on 01/13/2026)

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