A 4599
Establishes three-year Medicaid demonstration project to pay for certain drugs according to value-based system.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates a three-year pilot program within New Jersey’s Medicaid system to explore value-based drug pricing. The Department of Human Services will negotiate agreements with drug manufacturers based on the outcomes of the drugs’ use in patients, rather than solely on the price. The program will focus on a limited number of high-cost medications and require participation from managed care organizations. After the three-year period, a report will be submitted to the Governor and the Legislature detailing the program’s results and recommendations for future action.
Sponsors
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Primary sponsor
Carol Murphy
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