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NJ S3470
Bill
Status
Introduced
2/12/2026
Primary Sponsor
James Beach
Click for details
AI Summary
- Removes the existing prohibition on using reverse auction procedures for health care services contracts under the State Health Benefits Program, School Employees' Health Benefits Program, and Medicaid Managed Care Program
- Allows the Director of the Division of Purchase and Property to use auction or reverse auction bidding procedures for hospital, surgical, obstetrical, and other covered health care services and benefits contracts
- Permits reverse auctions for provider network contracts associated with these state health benefit programs
- Maintains the existing exception that already allows reverse auctions for pharmacy benefit management contracts
- Amends P.L.1954, c.48 (C.52:34-12) and takes effect immediately upon enactment
Legislative Description
Allows reverse auctions for certain health benefits.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
2/12/2026
Committee Referrals
State Government, Wagering, Tourism & Historic Preservation2/12/2026
Full Bill Text
No bill text available