Two state boards voted to allow the public to comment on the issue, and a final vote by the end of the year is expected to implement the requirement starting Jan. 1.
The requirement would apply to state-regulated individual and group markets, which is about 1.3 million people in New Jersey.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 17–19 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
