Establishes standards for contracts between pharmacy benefits managers and health benefits plans in New Jersey.
The bill mandates that health benefits plans allow any pharmacy meeting standard contract terms to participate as a network pharmacy. The Commissioner of Banking and Insurance reviews these terms, focusing on current network pharmacy contracts and the sufficiency of reimbursement and dispensing fees. This act applies to contracts initiated or renewed after its enactment.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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