S.4793

Establishes a Medicaid preferred drug list in New Jersey and regulates pharmacy benefits managers.

This bill mandates the Division of Medical Assistance and Health Services to create and maintain a preferred drug list for the State Medicaid program. It expands the Medicaid Drug Utilization Review Board to assist in the clinical development and administration of the preferred drug list. The list will include drugs and non-drug items chosen based on clinical and economic merits.