A1503

New Jersey A1503 establishes additional health insurance carrier network adequacy standards for physician specialists.

New Jersey A1503 amends existing law to establish additional health insurance carrier network adequacy standards. These standards focus on ensuring that health insurance carriers offer managed care plans with adequate networks of physician specialists, including anesthesiologists, radiologists, pathologists, and emergency medicine physicians. The bill mandates that the Commissioner of Banking and Insurance adopt regulations to enforce these standards, ensuring that covered persons have reasonable and timely access to these specialists at in-network hospitals and facilities.