Provides for procurement by State of pharmacy benefits manager, automated reverse auction services, and claims adjudication services.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill directs the State of New Jersey to expedite the procurement of a pharmacy benefits manager (PBM), along with automated reverse auction services and claims adjudication technology. The Division of Purchase and Property will solicit proposals from vendors to provide these services, utilizing a reverse auction process to compare pricing. The bill also allows for modifications to existing regulations to speed up the procurement process and requires a report to be published detailing the results and savings achieved after the contract is awarded.
Bill text
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Document of record
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Sponsors
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2 on record
Primary sponsors
Joseph Lagana
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