New Jersey A5374 mandates cost-saving measures for the State Health Benefits Program and School Employees’ Health Benefits Program.
New Jersey A5374 requires the State Health Benefits Program (SHBP) and School Employees’ Health Benefits Program (SEHBP) to adopt cost-saving measures. The bill mandates the development of new health plan options that meet affordability standards, including reasonable limitations on actuarial value and out-of-pocket costs, and coverage for preventative and chronic care. It also requires annual reports from third-party administrators detailing cost trends, utilization data, and pricing comparisons.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.