A 4005
Provides for procurement by State of pharmacy benefits manager, automated reverse auction services, and claims adjudication services.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the State of New Jersey to procure a pharmacy benefits manager (PBM) through an expedited process, utilizing automated reverse auction services and claims adjudication technology. Specifically, the Division of Purchase and Property will solicit proposals for technical assistance, real-time claim review, and a PBM itself. The bill allows for modifications to existing regulations to expedite the procurement and requires a report detailing the results and savings achieved after the contract is awarded.
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